GGX 0.00% 0.1¢ gas2grid limited

confidence in ggx, page-8

  1. 202 Posts.
    The following is an excerpt from the SC44 presentation available on the GGX website. The paragraph refers to the Malolos well, we are up to point 5. But it's point 7 that really floats my boat. I'm assuming a similar timeframe to production would apply to the 3 wildcats too.

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    Phase 2 Workover Scheduled Q4 2011/2012
    • Well cleaned out to 2,173 metres - obstruction
    • Main oil reservoir target cannot be accessed
    • Cased hole logging electric wireline completed
    • Flow test gas reservoirs identified by electric logs asap
    • Clear junk and flow test oil reservoir in mid-2012
    • Convert gas into electricity for local sale
    • Oil sales within 6 months of establishing production


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