Good post codefred and statements like that are very encouraging. Someone in Georgia government to grab this and make a name for themselves in Georgia history is what's needed and not held back by previous kk. In the end you would think Georgia will see this and eventually as an absolute .
So Udabno being drilled and stimulated in Oct, if you read close this is a critical drilled in CPR, phrase from below "A targeted, multi-zone approach will be implemented in order to maximize the stimulated rock volume". The key here is rock volume, if we can get gas flowing from multizone it's a big big big result, oil and gas operations in Oct very very very exciting.....
Of note, related to Gas Window operations, the Udabno#2 well will be stimulated as part of a testing program in October. The planned stimulation will be the first that is designed to evaluate an extensive gas-bearing interval of approximately 2,000 meters in gross reservoir thickness associated with this well. A targeted, multi-zone approach will be implemented in order to maximize the stimulated rock volume.
First time this terminology has been used, very exciting month coming, revenue could easily quadruple without the gas..
As we continue our planned work programs through the remainder of this year, we strongly believe that our operations are reaching new milestones that will result in bringing the giant oil and gas resources associated with Block 12 into increased, sustainable production levels.
Georgia, and especially Georgian oil and gas corporation are heavily bankrolled by USAID.. They shouldn't forget that.. And Frontera sorted out some top notch wheat seeds for Georgian farmers.. don't forget that :-)
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