horizontals x 4...

Taking another look at the presentation released on the 30th Nov, I see that the intention then was to drill one horizontal in Jan 2012, followed by a vertical well in Feb, then THREE horizontals consecutively, in March, April and May.

Interested in peoples thoughts about the various funding arrangements possible given the costs of the horizontals will total $12 million.

For me, this is where the success of all four vertical wells is vital as success here with production at 600bopd or more should mean that GGP should have little trouble obtaining finance to suppliment the $7 million raising in progress atm.

Another question bugging me is the length of time to drill a horizontal; I think it's around three weeks. Does that sound about right?

cheers DJ