GGE 20.0% 0.2¢ grand gulf energy limited

Hap R15 & all, my girls have banned the Thin Lizzy from the car...

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  1. 1,562 Posts.
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    Hap R15 & all, my girls have banned the Thin Lizzy from the car so am now listening to One Direction, they sing as well so - help!. Louise was a shame but a SWD well will come in handy in the future to manage costs. Upcoming qtrly should reinforce the fundamentals so mid term I think things are good and oil price shouldn't have big effect as gas income now higher with WK and Abita producing.

    I was bored the other night and had a look at some old wells. La Posada (we had 4.75% WI) which we sold is a standout - has produced 1.2mmbls Oil and 62 Bcf Gas in 30 mths since Jan 2012 with Gross income around $374m. The sale was a positive as it protected against CR's and cost mgt has also helped conserve cash which imo should continue to grow slowly and open new opportunities when/if things pick up.

    I think it is a good thing to be watching many stocks & bw with everything, plenty places to make money but probably more places to loose it as well if not careful atm - but that's just my opinion
    Cheers & enjoy the Weekend
 
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Mkt cap ! $9.380M
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29 29695512 0.2¢
 

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0.3¢ 7066692 5
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Last trade - 11.54am 29/11/2024 (20 minute delay) ?
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