GGE 0.00% 0.6¢ grand gulf energy limited

AB has just started to look more positive for me.Bowtie in...

  1. 4,481 Posts.
    AB has just started to look more positive for me.

    Bowtie in part.....

    "confirms two potential gas/gas condensate
    discoveries in both the primary target which is a Vicksburg sandstone reservoir (Tex-2 formation) and
    shallower Cib 10/Anomalina B sandstones.

    Based on electric logs, the primary target has a gross pay interval of 32 feet full to base and is highly
    laminated in the lower section while being 60 feet high to the down dip well drilled in the 1970s. The
    secondary target had gas shows with over 3,700 maximum gas units recorded along with heavies while
    drilling with a 15.1lb mud weight. So far two intervals in the shallower secondary target have been
    identified with 9 feet of net gas pay."
 
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