Golden Arch Resources---GAI.V Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Golden Arch Resources---GAI.V

GAI 8.800

0.0%

Mar 22 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StockPro who wrote (126)	6/5/1997 2:06:00 PM
From: David	of 359

In terms of time to drill, test and complete lets look at Trans Globe. The Trans Globe well that was spudded on March 27th, 1/2 mile south of Golden Arches property was drill stem tested and cased as a potential well on April 2nd. 35 days later. On June 3rd the flow rate was esablished at 185 barrels on a 16/64 choke. These are deep deep wells, 2 miles below the ground. So 35 days is a good approximation for the drilling to depth, then completion takes 2 weeks barring no problems. Lets keep our fingers crossed. David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next