RE: GEX the next GGP.... Broker Note sp of 1795p8 Apr 2025 16:53
Hi Miker, would be guesswork to be honest. He1 in Tanz were potentially looking at field development of 26 wells I think but their flow rates and concentrations were lower than gex' prospects, I recall, and that's no criticism of them whatsoever, and I wish them well. Imo best waiting for Hussar results before diving into that one. My earlier email about Jacko Bore was mainly to highlight how CP has already drilled one of these subsalts with positive results, results which have encouraged them to go further with a 2nd well, and that they got good flow rates and concentrations. They only got held up coz their farmin hit some financial problem I understand and theyve gad to replace them. When Hussar was drilled back in 1982 the consortium had gas shows without even penetrating the subsalt, which they'll do in this reentry, of course.