GGE 0.00% 0.3¢ grand gulf energy limited

Ann: GGE June 2018 Quarterly Activities and Cashflow Report, page-6

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  1. 3,225 Posts.
    lightbulb Created with Sketch. 40
    Well thats the worst quarterly to date. Yes they're still cash flow positive but BOPD is dropping due to declining wells.
    No mention on what the wells are actually producing unlike previous updates.
    No metion of the new acreage acquired earlier in the year.
    Yes its full steam ahead on farming out eagleford but geez we need a result there to breath some form of life into GGE instead of this plodding along. Cheers
 
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