GGE 25.0% 0.3¢ grand gulf energy limited

Just watching the V8*'s sry, - the Desiree units probably give...

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  1. 1,562 Posts.
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    Just watching the V8*'s sry, - the Desiree units probably give some clue on possibilities, the II unit area includes where Louise is and if you look at he nearby 106296/107702 well it produced from II & IV so for me they are likely objectives. Perhaps if they keep going deeper they may check for IV but not sure. The sands appear stacked in the field so depending on geology could offer other targets but I think the early wells are aimed at generating early cashflow so will travel to the best target from the well logs and 3D seismic. The cousins 2013 Ann rpt said II & III objective so that could also be insightful. These wells would also be providing info for future planning and calibrating existing data.
    Good to be drilling anyway but all is just opinion based on my reading.
    Cheers
 
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