GSX - Penny Stocks

Skye · Fri, 06-22-2007, 04:06 AM

Worth watching imo.

Skye · Thu, 06-28-2007, 06:41 AM

According to this statement, we should see a PR by the end of this month.

Mark Erickson, Gasco's President and CEO, said: "The Federal #14-31 is
Gasco's first well testing the deeper Mancos, Dakota and Upper Morrison
horizons. The gas shows and flares while drilling coupled with our log
analysis provided us with encouraging data leading to the decision to
commence completion operations on the well. We expect production data
sometime in late June once we have finished first completing and production
testing the deeper pay zones. As we anticipated when selecting the
location, the up-hole pay is analogous to typical Spring Canyon trend
Blackhawk wells we have drilled in the sweet spot of the Riverbend area and
should yield additional EURs when we return to complete those zones as
reservoir pressures dictate."

Fri, 06-22-2007, 04:06 AM	#1 (permalink)
Skye Member Join Date: Feb 2006 Posts: 26	GSX Worth watching imo.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Thu, 06-28-2007, 06:41 AM	#2 (permalink)
Skye Member Join Date: Feb 2006 Posts: 26	According to this statement, we should see a PR by the end of this month. Mark Erickson, Gasco's President and CEO, said: "The Federal #14-31 is Gasco's first well testing the deeper Mancos, Dakota and Upper Morrison horizons. The gas shows and flares while drilling coupled with our log analysis provided us with encouraging data leading to the decision to commence completion operations on the well. We expect production data sometime in late June once we have finished first completing and production testing the deeper pay zones. As we anticipated when selecting the location, the up-hole pay is analogous to typical Spring Canyon trend Blackhawk wells we have drilled in the sweet spot of the Riverbend area and should yield additional EURs when we return to complete those zones as reservoir pressures dictate."