GGE 0.00% 0.3¢ grand gulf energy limited

sonlite, page-14

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    ABITA

    "If successful
    the well is likely to be dual completed and production rates are estimated to be between 200-400 bblsd and
    100- 5,000mcfd depending on the sands producing. It is likely only one well will be required to drain the
    structure."

    THEN
    "Due to the well being in a
    wet location, completion of facilities and commencement of production will take upto 7 months"

    So there is no hurry to do sums for ABITA and I think you will find a similar delay with Thibodeau.

    There appears to be no hurry to go get the Stray A ,M,N,O Oil or Gas as far as I can see .Stray B will do ATM
    And the Jose & D act isn't yet on stage and the chances are
    that they will find similar shows to D&L#3

    There seems to be a lot of fruit on the trees,ripening, but not much in the basket ATM.

    So IMHO
    WAIT and SEE
    R





 
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