GGE 12.5% 0.4¢ grand gulf energy limited

accumulation at 1.3, page-6

  1. 4,481 Posts.
    GGE management will have a few stiff drinks overnight, and probably work out the SPP details and I would expect an Announcement either tomorrow or Fri.

    I am fairly certain that once well is fully secured, they will push the SPP at 1.5c with a somewhat extended date.

    The relief well is at 2000ft and near to casing time of 2200ft if not already. Seems they are drilling at 500-1000ft per day, couple of days to case and cement and they will be back drilling by the weekend.

    You could do the sums but worst case scenario is the relief/production well will be at TD within 14days.
 
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