GGP 0.00% 0.6¢ golden gate petroleum ltd

shakeout & what we have to look forward to, page-8

  1. 509 Posts.
    Hi Obe Wan,

    They won`t know the flow rates until the fracc is done and they unload the fracc fluid. EF1 is expected to be fracced late Sept and 1st oil will probably be 2nd week of OCT is everything on schedule.
    They have to complete horizontal drill of EF2 before finalising the fracc programm from the additional data then fracc both wells back to back.

    This project is looking good. No delays and way under budget by my estimates. $6-$6.5 mill a well
    I`m expecting intial production going on Terrace announcement and number of fracc stages to be just over 1000bopd for 1st 2 months.

    Not long to wait and see.
 
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.