GGE 0.00% 0.6¢ grand gulf energy limited

west klondike, page-5

  1. 3,469 Posts.
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    Rob. Great work.


    West K seems to have become very Interesting.

    "The well has been completed and testing is anticipated to commence within the next 4-6 weeks." ( Apr)

    That is the situation ATM .( Unitization ?)

    Regardless, expect Some further Development Drilling .

    "The pre-drill resource estimate of the Marg Tex was a compelling 3.62 MMBO’s oil."

    "In addition, the Lario may hold 0.38 MMBO. Accordingly, a new well into these objectives in the main prospect structure would target a gross 4 MMBO’s potential resource. "

    But there is more, (Drill one get one extra)

    "There is also a larger, separate, high pressure, deeper prospect in the leased area that may be able to be drilled with the same well. The target sands of this deeper feature (Bridas) have recently yielded a significant discovery approximately 2.5km to the NE."

    So, West K to the rescue . (Testing early Apr )

    But that's not all , Flying down the blind side with the
    line wide open , is Port H #1.(Note #1)

    Dec Qrtly

    "The Port Hudson #1 well is presently drilling ahead at 6,314ft. The well will be drilled to a total depth of 10,500ft straight hole. The well is expected reach TD over the next 2 weeks.(15% WI)

    "The potential net reserves to Grand Gulf are 40,000-75,000 bbls of oil. Flow rates are estimated at 200-250 BO/d. The net revenue interest is 74%.

    "Pipeline facilities are present in the area and the well is likely to be put on production within 2 months of completion" GO PH."

    So it's going to be in the finals with results in May ,all going to plan,along with West K and Desiree.

    Not too shabby at all.Glimpses of a PLAN.Maybe I was a bit
    hasty putting the Ops in the bottom drawer.

    R15







 
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