I wonder if this will attract any attention, it can't be any less:
Oil and Gas Producer Grand Gulf Energy (ASX: GGE) is pleased to announce that it has secured a land position in the highly productive Wattenberg Field of the DJ Basin in Colorado, USA. The Company has executed a binding heads of agreement with PetroStone Inc (“PetroStone” to acquire a 36.5% working interest in an initial 355 gross acres across 16 sections. The JV will file applications for eight, 640 acre, drilling spacing units (DSUs). GGE will likely pick up additional acreage through this process.
GGE Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
to acquire a 36.5% working interest in an initial 355 gross acres across 16 sections. The JV will file applications for eight, 640 acre, drilling spacing units (DSUs). GGE will likely pick up additional acreage through this process.
