from ggp quarterly

Fausse Point Project
TGR #1 Well – Side-track, Iberia Parish, Louisiana, 18% WI
As part of the Company’s effort to improve our overall project slate, we have elected to discontinue being the operator of the Fausse Point project and have recommended to the other working interest partners the plug and abandonment of the existing well. Cost for this exercise will mostly likely be covered by the sale of production equipment. .

This project looks dead
if ggp are not committing anymore $ how can it progress
this is not going to go well for the CR
No FP as i read it and no new projects at this stage

no more money from me!

Money1