It seems GGX has the assets and OIP has the cash to pursue them. Not sure about the valuation etc... but at a high level this seems to be a reasonable proposition.
OIP also has about a 25% interest in PEL 6 CSG asset that is due to be drilled in November with ESG - if succesful it could raise more cash to pursue GGX assets.
I don't hold GGX, but do hold OIP.