GGP 0.00% 0.6¢ golden gate petroleum ltd

Just a side note ATM on the gas locking did anyone note SSN...

  1. 4,481 Posts.
    Just a side note ATM on the gas locking did anyone note SSN troubles with the same issue.

    From today,

    "The problems experienced in the past with the rod pump in Defender have continued and as a result the well is being worked over this afternoon. The operation will pull the tubing and the pump and a decision will be taken to either run another rod pump or if possible run the down hole equipment associated with a jet pump that has been sourced. The provider of this equipment has yet to advise a firm delivery date, but it is expected to be in the short term. The continuing difficulty associated with the rod pump arises from the amount of gas that is being produced from the reservoir, resulting in the partial closure of the down hole valves, which in turn means that the volume capacity of the pump is impaired. Because the jet pump operates on a venturi system, the current thinking is that the jet pump configuration will not suffer the same problem as the rod pumps."

    No cross promoting as I do not hold SSN, however you can see the issues confronting GGP in the past may have continued and it validates what GGP has announced.
 
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