VIL 0.00% 1.6¢ verus investments limited

No idea why i said 'land'... what i meant to say was GGP bought...

  1. 286 Posts.
    No idea why i said 'land'... what i meant to say was GGP bought a bigger 'stake' in Bullseye. So im guessing if they are putting cash (via share dilution) into Bullseye atm when they should be busy working on the Permian Basin project then they are probably about to do some work on it.

    From the last GGP Ann:

    Golden?Gate?has?been?able?to?increase?its?working?interest?in?the?very?productive?Bullseye?Project?at?minimal?cost?which?will?be?quickly?offset?by?the?increased share?of?production?revenues.?Our?plan?is?to?drill?the?next?Miogyp?development?well?at?Bullseye? in?2011?at?a? location?considered?the?most? ideal? for?this?proven interval.?In?this?new?well,?we?will?also?be?able?to?test?the?Camerina?interval?providing?further?insight?to?the?interval?s?potential.


 
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