GGP 0.00% 0.6¢ golden gate petroleum ltd

horizontals x 4..., page-4

  1. 509 Posts.
    Diamond Joe,

    And we should have a very good idea within 24 hours on how the first two wells are performing.
    An indication to me on how tight the cash flow is was the announcement of the 1st #9 well moving its fraccing from mid Jan to end Jan and 3 week delay in Huth. After the SI capital raise was announced the #8 well was mentioned as being fracced mid Jan again, the original schedule and Huth spudded. SG is a great operator and as someone who has built companies from minimum resources myself I reckon he will be opening the well head on the 1st two wells to reduce stress. #6 -500BPD is my call. Remember it has been shut in for 3 weeks. There will be plenty of oil to pump.
 
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