Then this, and remind them of the low cap....
" • Acquisition of DJ Basin Acreage – The Company secured a land position in the DJ Basin, Colorado,
USA with the potential to deliver 7% - 25%WI in up to 8 Drilling Units with up to 64 wells.
• Eagle Ford Acreage (50% WI) – GGE commenced marketing drilling opportunities on its 1,075 gross
acres in the highly productive, liquids rich, Eagle Ford acreage.
• Desiree Field (39.6% WI) – The well produced a total of 10,914 bbls of oil during the September
quarter with production reduced due to 20 days of down time associated with a well repairs. The
well is presently averaging 155 bopd.
• Dugas & Leblanc #3 Field (55.5% WI) – The well produced a total of 5,517 bbls of oil during the
September quarter. The well averaged rate was 61 bopd.
• Net Cash Reserves increased by $600,000 for the Quarter to $2.3 million.
Ann: GGE Sep 18 Quarterly Activities and Cashflow Report, page-54
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Mkt cap ! $10.47M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $22.93K | 4.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10944209 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1713960 | 3 |
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