Geoglobal Resources, Inc. (fka GGLR)

[Orange4Yellow]

July 15 - Financial express article - Deen Dayal fracking successful

What is the current status of the KG basin block?
This (block) is a national asset with tremendous potential. We have come to a position where we have exploited some of them. And we are very optimistic about the Deen Dayal West field (a part of the block), where one well (D4) has shown very positive results. Hydrofracking (six so far) has been quite successful at the well. We are now taking out about 11.6-11.9 million standard cubic feet of gas per day (mscfd) from the well. The output is practically matching the initial forecast, which was done in October before the fracking started. The fracturing and perforation will give us more than 20 billion cubic feet (bcf) of gas over the next three years. The Deen Dayal West field wells are extremely high-pressure-high-temperature ones.