GDN golden state resources limited
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why bother asking about horizontal drilling. there is no reason...

  1. niban
    186 Posts.
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    26/05/09
    21:56
    Post #: 5207117
    why bother asking about horizontal drilling. there is no reason to horizontally drill a hole if you dont know what is in there. horizontal drilling is used to extract gas from unpermiable and low porosity formations. gdn dont even have a confirmed resource let alone to think about drilling a well horizontally.

    go see how well ADI did with their horizontal sugarloaf 3tcf or whatever it was well. another dud company thats broke and share price nearly 0
    GDN Price at posting: 9.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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