GGE 0.00% 0.3¢ grand gulf energy limited

Ann: Market Update, page-24

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  1. 2 Posts.
    I'm not sure where the alternatively fits in. One would assume that OGI (and GGE and any other partners) are participating with an expectation of increased value from the well after the drill.

    One thought that has subsequently occurred to me is that OGI's status and GGE's status in relation to Louise may be entirely independent of each other. ie. OGI may ber proceeding under a Risked Fee basis, but GGE still have the acquisition option available to them.

    Wait and see I guess.
 
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