GGP 0.00% 0.6¢ golden gate petroleum ltd

Ann: Project Operations Update , page-11

  1. 8,090 Posts.
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    "It sure will require more patience on our part. Gaaaargh!"

    Well said freeprom....particularly that last word.

    Yes more patience. GGP does tend to take very painstaking steps to build its portfolio of projects. And it does seem to like to take an age to squeeze as much informsation out as it can from its investigations before it commits to action.

    At least the Update today did give some definite (more or less) dates for when various wells and actions should be happening.
    In fact mid-June looks to be very busy.

    I was somewhat surprised to see that Jumonville #1 is actually producing as much as 65 barrels of oil a day. Wonders will never cease.
    Oh well it is cashflow and is providing further information about the Miogyp layer at the same time I guess.
    Oh and WOW! They seem to have sorted where they might have a crack at another Miogyp well. Will it be a Jumonville #3 or what ? Ah but no date yet. Must not rush these decisions. Keep the shareholders calm.

    Let these young bucks like freeprom learn to suck on their thumb a bit longer and and WAIT PATIENTLY !
 
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