GGE 0.00% 0.3¢ grand gulf energy limited

napville, page-17

  1. 1,562 Posts.
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    R15, Pdome is the operator of Templet which they are calling Louise, I think it just means they aren't involved in any of the other field developments. Basically we have Mantle in the D&L Field and Pdome in the Desiree/Louise field and my guess is they will continue to be.

    I think PDome would already have earnt some WI in the Desiree field and will earn some more with Louise. The region is large and has/will have many separate units defined, they are stacked zones with several units on top of each other and multiple targets on each drill.

    Logistically it will sort itself out soon I think, we can have an educated guess based on the announcements, but in these times the most important thing is the economics and the cash and based on those we can afford to take our time as frustrating as it may be. I have my view but could be wrong so will wait for an announcement. Either way its either good or really good in my opinion but I'm not in any hurry. There are much worse stocks to be holding getting the attention but that is the way it goes until some volume.
    All opinion only
    Cheers
 
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