GGP 0.00% 0.6¢ golden gate petroleum ltd

Cheers Septia :) Well according to the last ann VIL + partners...

  1. 286 Posts.
    Cheers Septia :)

    Well according to the last ann VIL + partners are waiting for a full cost analysis (presumably from GPP) before deciding to either farm out or if its cheap enough use current funds. They are probably hoping that the massaging being done on the Bongo#1 well and the possible income of Bongo#2 (due for flow testing in about 30 days) could perhaps be enough to keep the lions share of FP2. However if its not and they require a farmout i would be happy if GGP picked up the bill. Purely as a nice show of faith in how confident they are of what might be down there.


 
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