That Texas Tart
23.25% WI in Austin Bayou, located in Brazoria County,Texas.
12 June
The Company’s next prospect, Austin Bayou, is ready to be drilled and the Operator has confirmed that the rig that will be used to drill Austin Bayou should be released from its current location this week.
A low risk project will increase revenue net to GGE by US$70,000 to US$140,000 per month (after costs) depending on whether the well is duel completed or a single producer. Flow rates, if the well is successful, are estimated at 4-6 mmcf/d and 17 bc/mmcfg, and provide payback in 7 – 12 months.
Due to Spud 20 June
R15
That Texas Tart23.25% WI in Austin Bayou, located in Brazoria...
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Mkt cap ! $11.52M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $12.77K | 2.323M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7518972 | 0.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 730188 | 5 |
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