GGP 0.00% 0.6¢ golden gate petroleum ltd

will 2.3c ever be broken, page-6

  1. 4,481 Posts.
    Whiskey,

    You reckon a bet of less than 1000 bopd either actual or projected from flow analysis by end of Jan is a good option.

    1. 4 vertical wells drilled and fracced by end of Jan with the first one projected to flow better than 350 bopd.

    2. J#4 drilled and possibly flowing 20% x 150 bopd by end of Jan.

    3. 15% of "M" sand oil at Napoleonville.

    I presently fail to see how we could be less than 1000 bopd by the end of the month.

    I am actually of the feeling we will see a better combined flow rate than 1000 bopd but trying to be conservative.
 
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