Fortunately, there are many ASF members who assist moderating this site by their constant questioning and requests for further information to justify positions. Not much slips through actually. Rampers and downrampers are very quickly identified and realise their place may be elsewhere.The mods have gone crazy on HC and the mods have gone to sleep on ASF.
Pilots how can you keep posting add nauseum,such utter drivel.
kennas where are you??
Agentm, the fishing job was At the start of the well, what happened was they had one of the cones on the drill bit come off, this was due to the inexperience of the drilling crew. They retrieved the cone and went back to drilling OK.not sure what drivel datz is talking about pilots, keep posting here please your very welcome as far as i am concerned. i cant see any breach of any regulation here, i noticed tangrams has been heavily moderating datz and many others on hc.. and posted some ASIC guidelines also to make it clear that its being watched closely!
pilots, when you say there finishing job, do mean a completion was done at the start of the drilling on par 1? can you elaborate what processes were that were done on the well?
i still agree with your sentiment on the reports, the mud weights seem very low and the shows they are comparing to other wells 60 miles away, they dont disclose what mudweights they were drilling with. i have seen plenty of regional logs which are off the dial compared to the small shows this well has with very low mud weights. to me the reports show the formation is just as tight as it was before.. and not very promising on the first target..
i keep comparing the reports and data to anything regionally and i think gdn have very little to crow about myself, i think the reporting still leaves a lot to be desired myself..
So we have a significant gas find, how difficult would it of been to have said, we have x no.units of gas? The word significant lets your mind run wild. Would I be considered cynical if I thought we needed to raise more cash?
\\pilots,
I thought you were a bit of a stickler for accuracy and you want them to shoot a figure from the hip!!
They stated in the ann that they needed time to evaluate the results to make an informed ann.
IMO someone got wind of it and thats why we had a quick trading halt just after open.
Those trades may be looked at by the ASX as insider info trades.
Crikey..I am putting up a conspirosy ...one of my pet hates !!
ASX UPDATE ANN Today:
GDN 0.17 +0.030 21.43% @ 17-Apr 02:52:30 PM
--- the market has reacted to this ANN!!!
Pilots: we value your comments please.
Refer ANN for details of individual results!
17-04-2009 02:27 PM GDN Paradox Basin No 2 Update
DRILLING STATUS REPORT – 17 APRIL 2009
Paradox Basin #2 Well, Grand County, Utah
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00944953
Paradox Basin # 2 has intersected a significant gas interval and traces of oil show associated with a drilling break in the Pennsylvanian Barker Creek Formation.
Gas levels increased from a background of 12 to 25 units to a peak of 1042 Units and 103,690 ppm Methane.
Shows are present in heavily fractured sandstones and siltstones over the interval 11,602’ to 11,621’. Abundant crystalline calcite, which is believed to represent fracture cement was observed.
Traces of oil fluorescence with a yellow/green cut were associated with the gas show.
Pilots,
You are so predictable, when they are producing from Para 2 in July you will still crying foul.
I am interested, do you hold?
I still havent worked out your HC alter ego.
See ,unlike you I dont make unsubstantiated statements:
From Operations Update on 17 Dec 2008
CURRENT TIMELINE – Paradox Basin #2
● Permit Approved
● Site works Completed
● Well spudded December 2008
● Deep rig mobilised to site February 2008
● Estimated total drilling time 90 days
● Testing and completion 20 Days
● FIRST POTENTIAL PRODUCTION August 2009
....
The drill is 19 days ahead of that schedule, production could be in July.
What a weekend on Hot Whoppers.
Dazt49 is playing T4P old game, boo hoo, if you don't get rid of the down rampers I won't post here any more, good by Dazt49.
Did you see T4P post, was he was down ramping GDN????, T4P at long last has found out the the Oil/Gas game is not as squeaky clean as he thought, WELCOME TO THE REAL WORLD Mr T4P.
BESBS, A very smart move, what a lot of the rampers DON'T know is that on the first well GDN had a fishing job at the start of the well, this was not reported on the ASX, this lot are as bad as the back slapping brigade on Hot Whoppers, you must only post good news.
You won't go broke taking a profit, smart move BESBS.
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