GGE 0.00% 0.6¢ grand gulf energy limited

gge for dummies, page-16

  1. 1,398 Posts.
    5hareholder

    My concern is that it will be such a deep hole for T. Alot can go wrong. What actual contribution will GGE be making or is it just financial?

    Are GGE management waiting for DL2 to stabilise from its current good flows so it gives them a more realistic drilling program. Fine to have charts and calculators but once your drilled that hole and it produces (yeah GGE) I become like a curious child and look for vital signs that book learning can never replace.

    As i stated they are really keen to further the Salt Dome from all the talk of it in the presentations. Just wondered if they wanna watch for a little while longer before redrilling.

    On the upside if T produces then any later hiccups at the Dome will only be just that... Hiccups... with T pumping out O & G at an off Dome site producing another income. Lowering the risk percentages maybe?

    Cheers
 
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