Hi there lani62,
sales revenues are paid quarterly from memory ?? Please don't take that as gospel ! c'mon may well correct me there if I am wrong as I don't want to mislead you.
7th October 2011 is when the Permian project spudded it's first well. We are almost 2 years into the project and it was only last week when all four wells were producing simultaneously for the very first time. Amazing record really.
67shelby, you are right with your statement thanks the $ did come from the sale,#1.7mill less any outstanding expenses The unknown expenses is a crucial point here and I would love to see the breakdown of costs, revenues etc from, a very important project not that long ago but, isn't important a couple of month's later ??
"The proceeds from the sale of the Cutlass Project will be used for the further development of the
Permian Project."
Motors,
what assets do GGP own besides pens, paper, and paper clips ? please enlighten us all as there must be something that I have missed in my DD
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