GGP 0.00% 0.6¢ golden gate petroleum ltd

half yearly accounts, page-8

  1. 399 Posts.
    Akrotiri,

    "How many wells was it 10 50 100,.....can't remember now it has all been a bad dream."

    Yes Akro and each of the wells in the area surrounding ggp's leases typically pays for itself within 12 months according to what an article in the SMH said Steve Graves said. Oh but ggp was not extracting hydrocarbons from the more productive interval/s those typical wells were extracting from because ggp didn't have the rights as I understand it. GGP was extracting hydrocarbons from interval/s which meant the wells were never going to pay for themselves this side of a blue moon. Arh no need to give clarification on things like that.
 
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