OKOK no mention of oil... but 4700 units and 2500 units in both intervals looks like surpassing the initial success rates for gas. Ofcourse we won't know until the flow tests... but it is very encouraging indeed!
If GGE have a share of anything near (possibly more) than 3BCF... we'll be absolutely laughing!
I must say.. I am very impressed with management - no hiccups on the rig (other than a slight delay).. but once things got running.. nice simple updates and logs to come next week.
I'm more than happy to be holding atm.. I feel that once the market realises how undervalued GGE is atm.. the only way is up!
1.1/1.2c is forgivable when you have no gas shows.. and all is riding on this well/field.. but now you have gas.. that significantly de-risks the play.. and the upside is looking to be tapped.
Goodluck! Had to top up agian at 1.2c... value staring at you.
recognise value
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Change
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Mkt cap ! $9.801M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1981095 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6007208 | 15 |
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