GGE 12.5% 0.4¢ grand gulf energy limited

Thoughts on these 2 ann, page-7

  1. 3,469 Posts.
    lightbulb Created with Sketch. 1
    Rob
    When mud logs indicated that the well was running "40 - 50 ft higher than expected" ,
    followed by "While the Cris R IV sand was intersected 244 ft updip from the
    Simineaux #1, the unit appears to have been already swept."

    I believe there would have been a few raised eyebrows amongst the Houston
    3D Seismic Team , this being the case.

    I'm not surprised at all that a Side track is being considered. Maybe it was always
    a possibility.
    Go for it.

    BTW, Desiree Ann 18 Dec 2012 - With reference to Cris R II and III
    This is a proven productive fault block with a strong water drive in the primary objectives. The
    prospect has a significant oil column and long life production potential and was generated from
    3D seismic and subsurface support for up-dip attic structure


    How "Wet" are Louise Cris R sands ?

    Punters should Trawl the Anns and make their own judgement on
    Hold'em or Fold'em
    The Dealin' ain't Done Yet , by a very long way.
    MHO only.

    CH$$RS
    R15
 
watchlist Created with Sketch. Add GGE (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $8.576M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $555 172.7K

Buyers (Bids)

No. Vol. Price($)
14 9164520 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3561124 6
View Market Depth
Last trade - 14.02pm 01/11/2024 (20 minute delay) ?
GGE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.