HIGHLIGHTS
? GGE has completed a farmout of 15% of Desiree as a result of increased well costs
? Farmout will see GGE with a 41% interest and carried for 5% of drilling costs
? New experienced onshore US partner to operate well
? Desiree prospect upgraded to 1 million barrels oil and 15-30 BCF gas
? Well is targeting 4 potential pay sands, 2 sands (Cris R II & III) are updip of a water drive well
that produced 2.3 MMBLS oil and ceased production producing 100 bopd
? 2 additional potential pay sands, Cris R IV & V, are deeper pool secondary tests
? Well is due to spud July 2012
? Project generated from proprietary 3D seismic
announcement
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.57M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.867K | 644.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1565500 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3016706 | 4 |
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| Last trade - 12.46pm 19/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |