Hydrafitter,yes both are going into production begining of early...

Hydrafitter,

yes both are going into production begining of early 2013 but at least GGP is debt free and all revenue can be channeled to the next well drill program.

Ego on the other hand has to repay $25m to Alcoa before it starts to see any real profit and that will take nearly 2 yrs to repay but on another note a bit will be gotten back from the condensate sales.

They mave have a bit in reserve but wont go far to adding much for more deep drills. GGP, no debt and with a few wells on line will be a lot better off cashwise funding future exploration and developement for production.

Im tipping GGP to be a far better SP value than EGO in the future based on fundamentals and position. 99% strike rate says it all in the PB.