I wouldnt call anything posted on here so far ramping. All fact and cut and pasted from geo reports and company announcements.
KATE-1 costing next to nothing to drill and is only a small part of GGX story. The upside of a strike just happens to be phenomenal, and the prospect is exciting because it is onshore and has a classic combination of high quality seeps associated with a large surface anticline( what early oil explorers would hunt for, and which there are very few left onshore these days, for obvious reasons)
Shortly JAPEX will announce results of testing to determine if adjoining Tanon Straight permit in Phillipines is a commercial oil field. A positive result will have huge implications for GGX.
Aquitaine basin licence due to be issued any day....
I have huge faith in Dennis Morton as managing Director.
dyor
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ramping not doing sp any good, page-9
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