GGE 0.00% 0.4¢ grand gulf energy limited

Ann: Abita Well Producing , page-9

  1. 1,593 Posts.
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    T1, agree that CW & Biloxi have persisted with Abita which is a big positive, both coy's also have significant leases in GOM. I'd have sold it but can't help thinking that there is future potential which to date has been hidden due to poor results. The area looks technically challenging but with infrastructure in place I wonder if those facilities will also be used for another directional well & further field development? Small steps but in the right direction & positive result will provide support for carrying value for Yearly accounts. Bw
 
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