GGE 0.00% 0.6¢ grand gulf energy limited

wake up call may2012

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    Merry Month of May


    V River last Coy Ann 23 Mar "Currently preparing to side track"

    "Primary objectives are likely to be drilled through within the next 35 days."

    Puts that at the Beginning of May

    We know from last weeks Sonlite they were successful with the side track and were drilling on at 13159 on 10 Apr.

    So if they have had a trouble free week 14000 is reasonable,by the 18 Apr, considering the need to set casing. Then on to the interesting bit by Early May.

    So IMHO , End of May ,all being well, for a V River result .

    And in case you are wondering what that may be - Pls Note:

    "The initial well is targeting the most northerly of three prospective fault blocks with multiple objectives (Het 1A, 1, 2A and 2). The most likely resource potential of the initial fault block assumes 100ft of pay over 545 acres and is estimated to be 110 BCFG with 3.3 MMBC (upside potential of 185 BCFG and 5.5 MMBC). If successful, the project offers substantial cash flow, long life reserves which will have a substantial impact on the Company with additional reserve potential in the southerly fault blocks."

    Also Pls Note "Initial Well"

    Meanwhile Two additional wells are due to be drilling in MAY ; Desiree and Leduc.

    Running out of Zzzzzzzzzzz time ; May will be BUSY

    CH$$RS R15

 
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