Thks for info on Sonris date and depth - all very simple when you know how.
Have found a bit more info on Scout Report terminology - for those interested try this link: http://sonris-www.dnr.state.la.us/www_root/sonris_portal_1.htm
This gives "Well Status "05" as meaning "Drilling (New drill/Re-entry/Re-Permit)" - presumeably shows drilling ahead? Also "SXS" = sacks - could not find anything on "M&P" - may mean 446 sacks of some media was used to "plug?" the washout???
Since there has been no Ann. from GGP, can we assume that drilling has recommenced and it is business as usual?
Although an "informed decision" cannot be made on the info available - because of the upcoming wells IMO this is still at least a HOLD.
GGP Price at posting:
2.4¢ Sentiment: ST Buy Disclosure: Held