GGP 0.00% 0.6¢ golden gate petroleum ltd

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  1. 4,481 Posts.
    Guys just another thought on the current questions regarding regulations etc.

    If they declare the well killed/secured and no longer is the relief well necessary, insurance would cease to pay for drilling at that point.

    Now if they continue to drill the relief well citing regulations etc, insurance pays for the relief well still I would think.

    This could be a reason not to push the regulator into signing off on the well killed too early. I am sure you get my drift.
 
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