"The Asset’s reserve study identified 48 producing wells (not all presently on production) with potential to increase production in an upper zone by re-completing each well. Currently, there is approximately 40 barrels per day of oil production and there is the potential to significantly increase production at low cost from the existing well bores."
Hi jock,
yes those words have been spoken about here previously but to be honest, I can't recall what the outcome was ?? Maybe an email to headquarters will provide an answer ??
GGP Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held