GGE 0.00% 0.6¢ grand gulf energy limited

ann, page-41

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    Scott, I think so but only guessing. The Cris IV unit is almost over the same land as the Units defined for Desiree so I guess those parties were in place however there is a smaller area under S54 in S56 which wasn't on the other units so possibly these need to be added. The original Cris IV unit application didn't include S56 but that change wasn't approved.

    I have been messing around in excel to track drilling progress using Desiree as a guide, have put the Masur in as well to see how they are going. Once we get some data it will make more sense.

    Personally I'm not overly concerned with delay as the cash is building and there is enough info around to know they are progressing but unfortunately have had a number of issues to resolve. Also if we look back to earlier years when we had all that activity (AB, Lyons Point, Vermillion, Leduc etc) I think they could easily have bought in to other projects but appear focused for the meantime.

    Having said that I'm running out of postable crap until we get some company update so sorry about that.

    GLTA

 
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