It should also be noted that those figures are just specific to the first 3 planned wells and that according to the company overall the Napoleonville Salt Dome has the potential to contain:
520 bcf of gas; and
4.5 mmbo.
This is from over 60 prospects which have been identified from the 3D seismic survey.
They have also farmed out a 15% interest to Golden Gate Petroleum (GGP) who will pay 23% of costs to earn a 15% working interest with an entry fee of US$300,000 (paid) in the first three prospects.
Cheers
SBC
It should also be noted that those figures are just specific to...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GGE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.001(9.09%) |
Mkt cap ! $11.52M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $3.475K | 579.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5518972 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 150978 | 1 |
View Market Depth
| Last trade - 13.51pm 01/07/2024 (20 minute delay) ? |
| GGE (ASX) Chart |