GGE 14.3% 0.6¢ grand gulf energy limited

Mate I think helium percentage is half the story the other half...

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    Mate I think helium percentage is half the story the other half is the raw gas flow.

    GGE is hoping for as much as 20mmcf or 20,000mcf per day of raw gas flow at 1% so 200mcf/d of helium.

    I think bnl wells are like 8mcf/d of helium so 25 wells needed to match one potential GGE well if at 200mcf/day of helium if that is accurate. eg 412mcf/d raw gas x 1.98% = 8.16mcf/d of helium etc..

    https://hotcopper.com.au/data/attachments/5113/5113813-85f8206871f53c5e7753371368ed1bd0.jpg

 
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