GGP 0.00% 0.6¢ golden gate petroleum ltd

whats going on?, page-36

  1. 8,072 Posts.
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    "another oil zone yet to be tested in the Camerina section"

    Well, TheStar, I wouldn't be holding my breath imho.
    I think that they are not in a position to test the Camerina in J #2 with production now coming from the Miogyp.

    I am happy to be proved wrong on that point but I do not think the well is set up to be able to produce from the Miogyp and allow testing of the Camerina at the same time.

    They also identified that there were hydrocarbons in the Camerina when they drilled J #1 but did not test that layer either at the time.

    They have considered the possibility of producing from the Camerina in the Acosta #1 well. That is an option they have for Acosta #1 if and when they get back to doing something about that well.
    Of course, they are also considering the possibility of doing a sidetrack in Acosta #1 to avoid the damaged section of well bore and get it down into the Miogyp as well. But we will have to wait and see what is decided ...... and when !

    Don't think that it is going to happen next week or even this month.
 
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