GGP 0.00% 0.6¢ golden gate petroleum ltd

anyone following this stock?i have a few questions- yesterday,...

  1. 1,585 Posts.
    anyone following this stock?
    i have a few questions

    - yesterday, the ann said

    "If similar results are obtained from one or more of the three as yet untested zones it is likely that
    the pre-drill reserve estimate of 21 BCF will be exceeded."

    but investor presentation released 28/11/06 said
    Wilson Net BCF P50 2.7 & Net BCF P10 5.7

    why is it so much different?

    - also, yesterdays ann said

    "A further three selected zones
    that occur within a potential gas column of over a gross 100 feet thick will be tested over coming weeks."

    but on the 29/5

    "Electric logs were run and show indications of at least two potential gas zones which have a combined
    gross interval of over 100 feet."

    so is it 2 or 4 gas interval??

    - what happened to the plum? is it a total failure? or are they gonna try again at a better location?
 
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.