GGP 0.00% 0.6¢ golden gate petroleum ltd

#8a and others

  1. 13,419 Posts.
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    I was just having a look at the update on the 28th Dec in regards to #8A at that stage they were installing permanent surface equipement and a pumping unit.

    It occurred to me that this well is propably shut in at the moment just like #6 as they hook up gear and maybe a gas conection although it didnt mention that.With gas being an important part of these wells they wont want to be flaring for to long before they connect.

    Although they came out with a flow rate fairly Quickly on #6 for obvious reasons they then shut it in on around the 14th dec and is was still shut in on the 28th with at least a week to go.

    So this may well be the pattern for the rest of the wells.Flow them for a few days to get some fluid out shut them in connect up to save gas and then flow test and produce gas and oil at the same time,

    They may give an interim flow result but the main result could be a few weeks as the flow rate can increase for up to 2 months before they start there decline.

    Cheers Whisky
 
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