Market too busy doing a p&d on GGP!!
Interesting they are still persisting with #1 hope they get it sorted soon.
W/O rig needs to be moved to #2 with 118ft of pay logged. Quicker they get a well capable of production the more it will be liked by market.
Now just looking at today's events - GGP have 28ft of pay with oil being produced at around 93bopd (silverwood). How does this compare with 118ft pay on #2, with the expected 200bopd. This could get revised upward very quickly.
Watching and waiting, GGE should put out another update in the next 48hours advising of reaching TD for Sagers.
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