More gas shows for Golden State Resources in Paradox Basin #3

US focussed oil and gas company Golden State Resources Limited (ASX: GDN) has encountered further gas shows in Paradox Basin #3 well in Utah.
Paradox Basin #3 encountered two further significant gas shows in the Pennsylvanian Ismay Formation. The new shows bring the total show interval to 86’ (74’ true vertical).
Show-2 occurs over an 18’ interval from 10,908’ to 10,926’. Gas levels sharply increased from a background of 90 units to a high of 777 units. The gas associates with a mixed clastic interval.
A further 42’ show (Show -3) was encountered during a drilling break in limestone from 11,012’ to 11,054’. Cuttings gas increased from a background of 90 units and reached 759 units.
The gas has a mixed composition including methane and ethane. Elevated gas readings persisted to the current depth of 11,127’ and the mud is being circulated and conditioned before further drilling can commence. The mud weight will be increased to 8.6 pounds per gallon.

http://www.proactiveinvestors.com.au/companies/news/5920/more-gas-shows-for-golden-state-resources-in-paradox-basin-3-5920.html