GGP 0.00% 0.6¢ golden gate petroleum ltd

news, page-8

  1. 874 Posts.
    Manyon

    So what is the significance of the words in the latest Ann.:

    "The well is still continuing progress to
    intersect the Dugas & Leblanc #1 well for kill operations pending Louisiana State Authorities decision which
    will depend on the success of the P&A at Dugas & Leblanc #1."

    Does this mean that the decision to continue till the intersection and kill of the D&L-1 well is achieved, has been amde by the Louisiana Authorities?

    OR

    Will the Auth's allow the continuation of the "Relief Well" to achieve production - SUBJECT TO the effective control (kill??) of the D&L-1 well?

    And when would they be in a position to make this decision?

 
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