GGP 0.00% 0.6¢ golden gate petroleum ltd

fausse point prospect

  1. 2,645 Posts.
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    Announcement just out re Fausse Point Prospect, Iberia Parish, Louisiana, Operator 18% WI.

    http://imagesignal.comsec.com.au/asxdata/20110512/pdf/01180143.pdf

    Not being technically minded could somebody break this down to plain english [ie good or bad for us and why]

 
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Currently unlisted public company.

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