GGE 0.00% 0.6¢ grand gulf energy limited

Ann: March Quarterly Activities and Cashflow Repo, page-40

  1. 1,593 Posts.
    lightbulb Created with Sketch. 6
    re: Ann: March Quarterly Activities and Cashf... Some update on latest 3D Seismic on the S/Hole "indicate that the western edge of the Napoleonville Dome has remained stable."

    http://www.kadn.com/news/3d-study-points-stability-salt-dome-bayou-corne

    The imaging indicates that –
    • There are no subterranean void spaces that could lead to the development of another sinkhole.
    • There are no natural gas pockets that could continue to feed the gas that is now being vented and flared from the shallow aquifer.
    • There is no evidence of multiple hydrocarbon zones to supply the sinkhole or MRAA.
    • Other than the collapse zone immediately surrounding the sinkhole, the western flank of the dome is a stable formation.
    • The collapse zone around Brine Cavern 3 is limited to a very localized area at a depth of approximately 800 feet and includes a small vertical riser along the outside of the salt face.
    • The area of the subsurface, which was disturbed by the sinkhole, is contained within the berm, and remains far south of Highway 70.
    • Hydrocarbons remaining in a portion of the “Big Hum” appear to have been liberated and have dissipated through the surrounding sediment.
 
watchlist Created with Sketch. Add GGE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $11.52M
Open High Low Value Volume
0.6¢ 0.6¢ 0.6¢ $509 89.85K

Buyers (Bids)

No. Vol. Price($)
15 11471009 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 4208146 5
View Market Depth
Last trade - 10.52am 30/07/2024 (20 minute delay) ?
GGE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.