GGP 0.00% 0.6¢ golden gate petroleum ltd

returns on horizontals & verticals in pb, page-2

  1. 3,989 Posts.
    Been keeping an eye on Pioneers,Laredo and others movements at the RRC.Interesting to see here that Laredo has 2 x new Horizontals awaiting approvals.All of these wells have been applied for in the past 3 weeks.This is only 2 coy's, many others I am sure and I think we can now see why SG has halted our current programme and is pushing the horizontal drilling with a cash injection from a JV partner.


    CLICK HERE FOR GGP APPLICATION


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    The following wells are awaiting approval only a stones throw from our wells so hopefully someone will be able to come up with some figures for us all.



    API #383-37719 Distance from Nearest Town Direction from Nearest Town Nearest Town Surface Location Type 19.0 miles NE BIG LAKE



    CLICK HERE FOR LAREDO APPLICATION



    API # 383-37723 Distance from Nearest Town Direction from
    Nearest Town Nearest Town Surface Location Type 20.0 miles N BIG LAKE



    CLICK HERE FOR LAREDO APPLICATION



    The following applications are all horizontals and all been approved for Pioneer.Not quite as close to our drills but only 5 - 10 km away.Certainly worth keeping an eye on.


    CLICK HERE FOR PIONEER NATURAL RESOURCES APPLICATION



    CLICK HERE FOR PIONEER NATURAL RESOURCES APPLICATION



    CLICK HERE FOR PIONEER NATURAL RESOURCES APPLICATION



    CLICK HERE FOR PIONEER NATURAL RESOURCES APPLICATION
 
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