GRK EMP

re: Ann: Backreef-1 Production Test Update - ... Note Buru...

  1. sandbar
    229 Posts.
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    05/06/12
    14:38
    Post #: 10268533
    re: Ann: Backreef-1 Production Test Update - ... Note Buru release today has Valhalla Wet Gas Play extending to Backreef area - good for OBL and GRK. The well test was ok, live oil is not a bad result. Next well will be the real test, lots of upside leverage at this price, not much downside. OBL has some other acreage, GRK has geothermal upside if govt grants come through, market giving this no value but it is a sleeper with big upside (using other peoples money)
    GRK Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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