GGE 20.0% 0.2¢ grand gulf energy limited

where next, page-112

  1. 1,562 Posts.
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    R15 and all, picking up from your last post

    "If that is Abita and West K ,I would expect their further
    development to be touted as "On the Plan " and play second fiddle as a potential backup income flow."

    I think the timing of any future WK or Coquille Bay development will be determined by the partners on those projects as we only have a small WI. Also with WK TMK are involved so may not the funds today and have other priorities until the Canadian money comes in. I believe these 2 prospects would be as important for the future as the NV ones and could fill a gap in 2014 depending on where things lie.

    For Napville 2014 a rough guess would be Louise then the 2 Farmout wells and a Updip D&L3 once the current reserve is depleted. All imo would be possible in 2014 with planning and current cashflow using Desiree costing as a guide.

    The above are relatively low risk as are close to successful wells. Outside the square is any additional prospects either conventional or unconventional. This path is most interesting and choice of projects will give a very good idea of upside potential. Ideally we would buyin WI similar to what has been done in last 2 years. Ideally TMS, Haynesville Shale or Brown Dense in Louisiana would be my favourites but I'm sure our Geo's know what they are doing.

    One less day now for the quarterly so keep hitting the snooze button:)

    All opinion only, please double check my waffle as it is opinion based on my own assumptions and situation.

    Cheers
 
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