GGP 0.00% 0.6¢ golden gate petroleum ltd

As the lateral of SRH#5 has been reduced the fraccing costs...

  1. 1,170 Posts.
    As the lateral of SRH#5 has been reduced the fraccing costs should be reduced to $3.5M (maybe more). SRH#1&2 will require $200K each for the drip line to mitigate the parafin issue. Then we need to consider the above ground costs at #5 storage etc these are unknown.

    When you look at this I struggle to see how they have the money in the kitty.
 
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