Guys after a rethink for a few hours and bringing it down to an acre/$ figure. We will be paying $1000 per acre and compared to SSN sale which = $3000 per acre, its probably a very good deal for oil producing assets.
There seems to be considerable interest in this basin and it appears that infill drilling is high on a few agenda's.
I hope GGP can show us some of the seismic data that they have in the past.
Couple this with Silverwood and FP along with other prospects, seems they could be landbanking presently. I would like to see this drill till you drop campaign actually get underway, because presently we are no where near the 6 wells in 6 months identified quite some time ago.
GGP Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
