GGP 0.00% 0.6¢ golden gate petroleum ltd

Thanks Cortex408, I did believe that GGP would reach a prod...

  1. 3,989 Posts.
    Thanks Cortex408,

    I did believe that GGP would reach a prod figure of 1,000bod quicker than AZZ and SSN but in my defence lol ( always a disclaimer hey :) ) I was blind sided ! Yes I was wrong, big time !

    Just to keep people up to date with GGP API's. GGP have only 2 more valid API's in play and both expire on the 8/12/2013. So 23 days to spud and complete the drilling of the vertical API's. What chance ??

    Here are the 2 still valid,

    383-37590 383-37592

    So the Vertical well which was going to happen in October is obviously gone. The 2nd Hori is dead in the water ! What lies ahead ? No sign of a rig being booked, so pretty much a miracle is needed as the decline curve keeps dropping on the current production.


 
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