It's likely to take several weeks before the IP is finally determined..however it is increasing.
The point is they are both flowing oil AND gas, with the gas getting double the dry gas price.
2 wells into production with 2 more to be fracced within 7-14 days.
It's not earth shattering news but neither is it Armageddon as some on here would have us believe these past few days.
For me the uncertainty is now gone. It's weather related with some minor technical issues that look to be easily addressed.
In 6 months time this will all be behind us and GGP will be a totally different company with a much higher market cap and some on here will be saying quietly to themselves...why, why didn't I get in at under 2.5c when I had the chance!!
GGP Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held
