GDN golden state resources limited

shale

  1. 4,735 Posts.
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    "The Utah Geological Survey study (which is partly complete and ongoing) has already determined that shale gas reservoirs in the Paradox Basin Utah have tremendous
    untapped potential. Shale-gas reservoirs in the shale horizons of the Paradox Basin include the Gothic, Hovenweep and Cane Creek shale horizons. These are
    widespread, thick, organic-rich, thermally mature for gas generation, and contain natural fractures for secondary permeability."
    Another + for GDN.
    Shale gas is a big deal in the US, Paradox basin has plenty of potential in this area.
    A JV partner will be needed to realize that potential imo
 
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