Back from the sin bin timely :P.
Well GGE is an exploration company. That entails seismics, research etc. They then agree to farm out part of their acreage to a contracted drilling company who will put the drill bit where GGE say to. Only the major players out there like Chesapeake and Hillcorp both explore and drill on their own terms.
Thing is, you say 'small %' but GGE have a pretty sizeable stake at NV with 40% WI in their wells. Sure, T has a pretty low WI for GGE, but it's an outlier with regards to where GGE are focussing most of their time and effort.
gge for dummies, page-21
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