Rig 234 isn't Cheap and who knows how they managed to get it to hang around at no charge. But, well done any way and time will tell. The MDT they used for PB2 tells the Geo lots of info. Some info can be released to the market and some info cannot until it is confirmed and or proven or they decide to. For example if the gas reading on any formations is the same gas composition as found in PB1 they may presume that these zone are connected, but need to confirm flows before releasing this to the market. If they suspect that they are connected and the pressure and size of gas zone(s) is large this could add up to a significant gas find and with rps confirming this it would be great news. With more money , handy rig and potential gas field gdn could move very quickly. IMO DYOR
GDN Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held
