GGP
Click for more information
0.00% 0.6¢ golden gate petroleum ltd

Yes - but they are digging 10 wells now and planning 110 wells...

  1. giarc63
    909 Posts.
    lightbulb Created with Sketch. 345
    clock Created with Sketch.
    06/12/11
    11:00
    Post #: 9397175
    Yes - but they are digging 10 wells now and planning 110 wells over the entire acreage - does that not spell confidence in this play? At a cost of $2million per well....

    If that doesn't spell confidence - then I do not know what else can?

    Once they are producing and have oil revenue coming in - this SP will soar.
    GGP Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

VMT Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth
right-arrow Created with Sketch.
DVP Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
right-arrow Created with Sketch.
NEWS Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
right-arrow Created with Sketch.
MGU Collaboration in a green (steel) future the focus for Magnum and Saudi partners
right-arrow Created with Sketch.
SS1 Sun Silver hits silver grades above 200g/t in early-stage portable scanner analysis
right-arrow Created with Sketch.
NEWS A Super PITch is key in the competition for capital
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.