Market Release (via electronic lodgement) PRODUCTION TESTING UPDATE AT BULLSEYE PROSPECT BULLSEYE PROSPECT: OPERATIONAL UPDATE Jumonville #2 Bullseye Prospect, Iberville Parish, Louisiana, Operator 33.25% WI The Company advises that production testing operations at the Jumonville #2 exploration/appraisal well are moving ahead accordingly to plan. Actual perforation of the Cib Haz interval is expected around the middle of the week with initial test results by end of this week. Partners in the Jumonville #2 well are: Golden Gate Petroleum Ltd (ASX code: GGP) 33.25% WI Modena Resources Limited (ASX code: MDA) 9.00% WI Quest Petroleum NL (ASX code: QPN) 5.00% WI Pantheon Resources PLC 11.25% WI Eastern Advisors 12.00% WI IB Daiwa Corporation 8.00% WI Other partners 21.50% WI
GGP Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
