Think FAUSSE point back in Dec 2009 VIL and GGP.
after the initial ann below,6800 unit gas flow was announced to the market and then confirmation of a discovery a few weeks later.
VIL SP went from .022 - .095
GGP SP went from ..032 - .061
It wont happen today but if further positive annouc continue rerating of GGE SP should occur shortly.
23 December 2009
The Board of Golden Gate Petroleum Ltd (ASX:GGP) is pleased to advise the T.G.R. Land Company, Inc #1
well at Fausse Point is presently at a depth of 7,150 ft and drilling ahead.
The well has recorded a gas show at around 7,000 ft. The well circulated gas cut mud and the mud weight
was increased after a 6,800 unit gas show was recorded in a secondary target interval.
recognise value, page-6
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