QPN quest petroleum nl
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jumonville #1 test of camerina

  1. Sentia717
    8,262 Posts.
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    09/03/10
    22:25
    Post #: 6426928
    GGP put out an Investor Presentation today.

    Now we have known for some time now that Jumonville #1's production was declining as the amount of water increased in the well.
    I think I reported about a month ago that they had actually ceased production at J#1.

    Now GGP announced today that testing of the Camerina layer in J#1 is to be started towards the end of this month. Hopefully it will prove to be a producer of oil and gas and we can get production flowing again and get a better idea of what the Camerina layer has to offer.
    QPN Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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