GDN 0.00% 1.7¢ golden state resources limited

rps energy estimate, page-8

  1. tcf
    6,858 Posts.
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    Before Paradox Basin 1# GDN believed the Golden Eagle field could contain up to 3tcf of gas and potential oil.

    After two "unsuccessfull" wells in Para 1 and Para 2 RPS estimated the field to hold minimum 9bcf.

    Given the apparent success of Para 3# it would not surprise to see RPS significantly increase the minimum potential of the field many fold in the near future.

    Worth the wait.
 
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