I have seen an aerial photo of the drill location. Northern flank of the anticline. Rig being used to drill kerosene creek well and then onto kate-1(mid/late April)
Thankyou very much to Jocam for coverage in this weeks OGW regarding GGX and spudding of KATE 1. Possible 200million barrels onshore drive up and drill scenario costing very little to drill. GGX has a 55% stake.
Potential for an insane increase from present 6 cents if.
Multiple of ten bagger if that quantity of oil present
"Gas2Grid’s upcoming drilling the NZ South Island, Kate #1.
This well was due to spud end of Q1 but it now looks like mid April. It is 60
Kms north of Christchurch in the Canterbury Basin and targeting quite a large
structure with allegedly some 200 million barrels of oil in place if oil is
present.
Gas2Grid last traded at 6.2 cents and thus far punters have not shown any
“besbs” interest. GGX has a 55% interest in this well."
- Forums
- ASX - By Stock
- GGX
- kate 1 location
kate 1 location, page-7
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.077M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
GGX (ASX) Chart |
Day chart unavailable