GGE 14.3% 0.4¢ grand gulf energy limited

proactive investors article, page-2

  1. 1,723 Posts.
    Arlberg

    Interesting,

    looking at the other thread, (Rob) it seems that this well will be passing thro' the previously productive zone, horizontally.

    So, if it was previously producing 50 bbl/day from a vertical, then it would not be too wild to suggest 6X from a horizontal as minimum production.

    Nik 86,

    re. SP (other thread),

    a complex question, but, say,

    = 50% X $10 X 1 M bblo X numerous variables.

    Answer = hopefully positive.

    Anyway, we will all know soon (hopefully).
 
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