GGP 0.00% 0.6¢ golden gate petroleum ltd

current prospect summary, page-11

  1. 3,351 Posts.
    One aspect of FP1 has got my attention. It is in my knowledge that with FP1, we are dealing with a gas/condensate reservoir. To the best of my experience, these reservoirs exhibit a multiple number of phases across their wellbore and that there should be a condensate dropoff during the course of testing....but the latest news indicates that the amount of condensate flow has risen.

    It is in my opinion that the operator has been in the midst of understanding the multiphase flow behavior of the FP salt dome. A crucial time indeed...though their management directives did look like they have understood and are extremely confident in the well/s [i.e. in obtaining extra acreage and trying to increase their working interests].
 
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