GGE 0.00% 0.6¢ grand gulf energy limited

the making of a multi bagger, page-24

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    Coy Ann 26 Nov

    "Electric Logs indicate net pay of 31ft in the Cris R II sands."

    "net pay of 31ft" Went straight through to the Keeper.

    On appeal , Umpires decision,as follows.

    "A reservoir or portion of a reservoir that contains economically producible hydrocarbons. The term derives from the fact that it is capable of "paying" an income. Pay is also called pay sand or pay zone. The overall interval in which pay sections occur is the gross pay; the smaller portions of the gross pay that meet local criteria for pay (such as minimum porosity, permeability and hydrocarbon saturation) are net pay."

    So 31 Ft "Net Pay" in one zone already .

    Monday Ann ???

    R15


 
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