QPN quest petroleum nl
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ggp and development wells at bullyseye

  1. bignote
    1,723 Posts.
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    09/09/09
    15:51
    Post #: 5620476
    The most important news, as far as i am concerned, is that GGP will have enough funds for development wells ( I am presuming at least 2, after the SPP.

    Cost of these to GGP is $2m; so cost to QPN will be about $330,000.

    This is affordable and should give QPN a good cash flow for the future. So may have turned the viability corner.

    Thoughts, comments anyone?
    QPN Price at posting: 0.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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