Hi Guys, Below is a copy/paste from the GGP update released today. It looks like FP is held up by VIL. Hopefully SD news are great and this allows for FP to get a move on.
A new side-track to the TGR #1 well is targeting a potential 200 acre gas accumulation identified from reprocessed 3D seismic.
•The cost of the side-track is projected to be approximately US$1 million, and contains a possible pay interval of up to 20 BCF of gas on an un-risked basis.
•Leases over the new target have been put in place by the Company and the drill site has been readied for new operations.
17
TGR #1 Well – Side-Track
Company
Working Interest
Golden Gate Petroleum Ltd*
18.00%
Verus Investments Ltd (ASX:VIL)
72.00%
Other Partners
10.00%
* Operator
Fausse Point Partners
•Drilling and timing of this well is the
- Forums
- ASX - By Stock
- VIL
- fp update from ggp ann
fp update from ggp ann
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)