thoughts on bowtie west?, page-3

"a good or better than good log at Bowtie "

Brad1m, I presume that you are meaning that the drilling at Bowtie West produces a positive result and is capable of producing at commercial rates.

Keeping in mind what has been announced as a possible estimate ("The Bowtie prospect is a moderately risked exploration prospect with prospective resources recently
estimated by the operator at 30 billion cubic feet of gas on a high-side resource calculation basis and
approximately 540,000 barrels of oil...").

So let's assume that the high side estimate is achieved and say we have a flow rate established of 100 boepd.

For GGP with a 10% WI then that would give it 10 boepd or about another 300 barrels equivalent per month to add to the monthly tally.
Not a huge amount of the total but still a useful addition. GGP would be better off with that addition than without it obviously.

But it is not going to make or break.
If the result is positive then it will be seen as a positive and seen as adding funds to the coffers.
If it bombs out then it should be just a shrug of the shoulders.....but how often are punters that mature