GGP 0.00% 0.6¢ golden gate petroleum ltd

188 bod for #5, page-2

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    Lot less than I thought even being conservative.

    Still 25% of fluid being recovered with the oil.

    188 bs x $90 = $16920/day x30 = $507,600/ mth less royalties etc to come out of it.

    Still better than kick in the backside, so would need about 4-5 mths or so to recover enough cash for another vert it seems and another well needs to be drilled every 3 mths. So would with the other wells is there enough to do another well under the CDP without raising more cash.?????
 
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