Well then, 2 announcements and a bit of a (small) Jekyll and Hyde scenario.
I may not have calculated it correctly, but the WK income stream to GGE does not appear to be much taking into account the flow rate and their % share of the well.
The Louise result to date does not sound too good, certainly not as positive as we would have been hoping for. If they can drill the extra few hundred feet then it has a chance of recovering but it sounds like a bit of an after thought following the wet results from the electric logs.
I am not great at interpreting what they have advised in the update, anyone else have some thoughts they would care to share?
GGE Price at posting:
1.2¢ Sentiment: None Disclosure: Held
