It sounds like it is all stations go and there is going to be plenty of company making activity in the next 3 to 6 months.
Firstly GJ said in the latest quarterly that one of their objectives in the coming months is to increase production and revenues from Canadian oil and gas producing properties, with a drilling program currently being reviewed.
"A program of infill developments wells is being reviewed for drilling in the Canadian assets. These locations have the advantage of adjacent existing infrastructure".
Secondly it is full throttle for the development of the Philippines assets.
In the June quarterly GJ said that the current quarter objectives was to "Progress strategic plan for exploration and development of the Philippines Service Contracts"
In the latest quarterly he says that the current quarter objectives is to "
Fast track plans for developments on the Philippines Service Contracts to initiate subsequent cash flow from associated oil discoveries".
Note the words "
fast track plans", there will be drilling activity early next year imo.
SGC market cap severely undervalued at $18m compared to peers with current oil production revenue, and drilling activity expected on the Canadian oil assets and the Phillippines oil assets in the next 3 to 6 months
Exciting times imminent ....GAME ON!!
https://hotcopper.com.au/threads/bi...154613/page-578?post_id=56289584#.YXzYW_8_WDa
https://hotcopper.com.au/threads/must-read-massive-upside.6304289/?post_id=56301635#.YXzYe_8_WDZ
