Rhowden, I agree about the first two wells being advertisements, I suggested the other day that they were handpicked perhaps!!
two outcomes for handpicked great wells.
1. No trouble self funding to bring into production so long as there is no glitches.
2. Gets possible partners attention: Cash could be thrown at GGP for a piece of the action.
NigyRob, as above as far as favorable outcomes.
As far as the players we are aware of GGP, VIL, GGE and even KOG they all seem to have an incestuous relationship and often the small players seem to huddle together and join forces. Just look at PASS jumping from GGP to VIL like a one night stand.
It would actually be nice to see a big player with runs on the board have a hit with GGP but will that happen, Possibly with an outstanding outcome on the first two wells.
Fausse Point - VIL is the stick in the mud, IMO, and has to get the finances in order to get it going. GGP buy more %, I am happy either way at present if its a good price yes, if not then no. The outcomes over the next 6 weeks will enlighten us more.
GGP Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
