We are on our way, its not fast but its getting nearer and clearer.
SRH 3 is not going to be a gusher buts its producing I was expecting more.
I thought they would fracc the Sp/Dean in SRH 1 at some stage and now its going to be done back to back with SRH 2 .
Production rate was 166 Boepd NETT on feb 12th so thats in line with Morebulls 200 Boepd a few days ago.
The JV news is getting closer.
All in all a great report it will be interesting to see if our first 4 wells will be part of the JV, going by the fact there not giving any clue as to wells performance during testing I suspect they will be part of it.
I wouldnt expect this to move the shareprice a lot in the short term but its given us a base I expect and a great top up point IMO.
Cheers Whisky
GGP Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
