sweet oil kate 2, page-12

Ras, I agree that Kate-1 has provided valuable info on the area , and coupled with data from the 3 other drills in or nearby the permit ,,, may lead to more drilling. However to suggest they have 'bucket loads of oil' is rubbish. GGX will make a decision on further participation later this year and IF enough encouragement is there , they will no-doubt look at a 'Kate-2' ... possibly later this year using the NRG rig although personally I believe the accumulations are more likely offshore....imo.
Aside from Kate ,,,at 5c GGX is a great buy for longterm growth with Morton at the helm ....imo.

SALTY