GGE 0.00% 0.3¢ grand gulf energy limited

Given the timing of these large orders undoubtably some of them...

  1. 579 Posts.
    Given the timing of these large orders undoubtably some of them would be SPP related, maybe trying to create stability while the shares are issued? Who knows.

    In terms of oil price effecting the SP it's hard to say, either way the increasing price can only be good for the company as we're a producer so what we sell is worth more and in ground value would be increased. However, our production rate isn't exactly big time I believe only ~1/3 of production is oil the rest is gas so somehow I can't see it making much of a difference SP wise.

    Does anyone have a good conversion calculator that factors in costs associated with the upkeep, etc of the well and gives a final dollar figure per barrel of oil? We're on ~16000 boe/year.
 
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