spud getting close and here come the acquirers, page-43

thumbs up from me
It would be nice to find something on the first hole
ggp should have had access to the seismics prior the
farmin so maybe they helped identify the first target

"14 april release
over 60 prospects which has been identified so far from Grand Gulfs proprietary 50 square mile 3D seismic survey.
Preparations have begun to drill the first three well program with the initial well expected to spud in
May 2010. The first three wells are targeting a total of 9.2 BCF of gas and 1.6 MMBO of oil at shallow
depths from 5,000 feet to 10,000 feet with over half the targeted potential classified as low risk
proven undeveloped reserves (PUD)."


with over 60 prospects i hope they picked the right one first

all my opinion