GGE 25.0% 0.3¢ grand gulf energy limited

AU02WA And that should mean that GGE could pick up some...

  1. 1,398 Posts.
    AU02WA

    And that should mean that GGE could pick up some distressed assets at very good prices. The bell curve must be changing and it would be a good sign to see that GGE takes that sort of decision making onto its table. Pursing small W/I now with further development of the Dome is too risky IMHO unless they can squeeze a better W/I for lower costs. Hensarling was thought to be a no-brainer but still fell over. I would be investigating better jet-pumping/extraction in preference to further drilling and letting other leases know the door is open for better leases.

    T1
 
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