I have just had a re-read of the 19.03.12 and 29.03.12 announcements.
I have a few questions - not sure if they have been answered before but here goes:
Eagle Ford Shale Play
Point one - 19.03.12 announcements states that a horizontal drilling expert has been hired who has a high success in the Eagle Ford Shale Play
Point two - 29.03.12 announcement states that GGP has entered into a 10% share in a drilling program in the Eagle Ford Shale play.
Questions:
1) Who is the operator of the Eagle Ford drilling program?
2) What are the chances that the horizontal drilling expert comes from this company?
3) Longshot question - could this Eagle Ford operator also be our new JV partner? We buy some of their's, they invest in our assets and the new horizonal drilling expert minimises any risk via his/her expert knowledge?
any thoughts?
cheers
GGP Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held