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0.00% 0.3¢ grand gulf energy limited

Well thats the worst quarterly to date. Yes they're still cash...

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  1. matyd
    3,225 Posts.
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    30/07/18
    14:34
    Post #: 34626096
    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
    GGE Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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