GGP 0.00% 0.6¢ golden gate petroleum ltd

announcement out, page-28

  1. 1,132 Posts.
    Pile,
    "It is a pity they didn't say how much fraccing fluid was coming up as well"

    Yeah I wonder why they didn't say how much fraccing fluid has come up. They have been trying to remove fluid for the last 4 weeks, so I assume there probably isn't a great more to remove. Hence the increase in oil flow rates will be minimal. The first well was 80bbls pd and a couple of days later was well over 300.

    Yet the second well after 4 weeks is only at 109bbls pd, I suspect many were hoping for much better results then this around the 400 mark given that so many HC members were saying it will be better then the first.

 
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