additional reserves, page-15

As bulk of the NPV value is attributable to the company's Permian Project I would think the upcoming Fraccing of the #SRH-5H well could be a game changer as its the company's first Horizontal well


"SRH-5H well
On 10 December 2012, the Company announced that the SRH #5H had been drilled and completed.
The SRH #5H well, Golden Gate’s first horizontal well, reached a total measured depth of 11,404 feet with a total vertical depth of 7,070 feet. A horizontal section of approximately 4,700 feet was completed. Based on the Company’s target range for the horizontal section being achieved and other factors including drilling rates and rig performance, it was elected to complete the well. 51/2 inch casing was successfully set to bottom with a positive cement job test. The rig was released and planning for hydraulic fracturing continues with the current well data.
The horizontal section is in the Upper Wolfcamp Interval which we refer to as the A Bench. The well activity versus plan was fully achieved and on schedule with actual costs running on projections.
Haliburton has been scheduled to frac the SRH #5H in February 2013 after the completion of the current partially underwritten Entitlement Offer and sufficient funds are available for the planned program."