GDN golden state resources limited
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question about gas fields...., page-3

  1. guttedsquid
    5,928 Posts.
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    01/04/09
    14:11
    Post #: 4968113
    The chances are better than P1 as they have proved that gas exists in certain zones. If the seismic work is correct then yes the chances are that there will be gas there. The risk is that they are on the wrong side of a fault and then miss the target area. With todays technology you would expect some level of gas in Ismay formation. IMO
    GDN Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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