GGP 0.00% 0.6¢ golden gate petroleum ltd

srh#5 flow rates , page-5

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    Hi Mitch,

    I hope I am mature enough as Lukeben pointed out to join this discussion group, the other is watered down and diluted of intelligence.

    I was going through a Pioneer preso for last month and found a few things in relation to us. Pioneer recently JVed with SinoChem for a jv of over 600,000 acres to cover the southern paty of their PB leases in the Sprayberry/ Wolfcamp A intervals and soon to run 24 rigs. Good JV.

    An interval map shows the Wolfcamp A just under the Sprayberry and Dean. Thios is where GGP has sunk its 1st hori to 7070 ft with a 4500 ft lateral. I was half expexting without referal to its now located position of some decent flowrates but I may be wrong but the GGP rates may be mediocre as not having the B, C, Strawn or Cline included.

    Not sure how the Wolf A drains in terms of flowrates hopefully 200+/day for a lateral.



 
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