GGP 0.00% 0.6¢ golden gate petroleum ltd

options, page-44

  1. 2,314 Posts.
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    Fair call Whisky - I trust your threads and knowledge of this company. I just think at the accelerated pace we began with over two months to 'prove' the acreage, isn't it entirely possible with a big partner that multiple sites can be targetted or at least prepared? I'm thinking the first four successful wells all could have been hori'd but thats money and hindsight for you. These verticals will surely pop us up to around 500 - 800 boed (dare I say 1000 boed). Once the fifth comes on - you could almost add 60% of that total. We realistically have May\June\July to get cracking (April for planning and practice on the new sleeve tech). That's at least another 2-4 Hori's as Hori is all they will be interested in from here on in. Cheers :p
 
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