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yogi-in-oz
27-08-2004, 06:24 PM
:) :) :) :) :)

Re: GGP - Golden Gate alert ... Syd - A1 ... a winner ... 10m payzone

Hi folks,

GGP is thinly traded, but has a good story
and a great chart to go with it ..... :)

Wells are located in USA, near Louisianna border.

enjoy your weekend all

yogi

P.S. ..... holding GGP

http://www.authorsden.com/visit/viewwork.asp?id=10205

:) :) :) :) :)

ELYOB
02-09-2004, 12:57 AM
[8)]LaPlaya Deep-1 to start producing gas in 2-3 weeks...

No price movement yet ? Needs something more substantial maybe.[?]

yogi-in-oz
09-12-2004, 02:23 PM
:) :) :) :) :)

..... something more substantial for you, G.

Do you think this will do it, then ..... ?

Hi folks,

GGP now has a hat-trick of winners,
with 3 wells for three winners, in
USA.

Production testing will start early next week
and all three wells should be in production
next month, January 2005.

This company is the best kept secret in the
oilpatch, so be warned, it is thinly traded ... !~!

happy days

yogi

P.S. ..... holding GGP.

http://easy-trading-tools.00cd.com

:) :) :) :) :)

yogi-in-oz
01-07-2005, 07:58 PM
:) :) :) :) :)


Hi folks,

GGP ticking up nicely, with good supporting volume,
as we run into the long time cycle, next week .....
..... on 06072005

have a great weekend all

yogi


:) :) :) :) :)

yogi-in-oz
12-07-2005, 02:50 PM
:)

Hi folks,

GGP ..... still ticking up nicely, but
no news, as yet .....

..... several time cycles due, around
20-25 July 2005, so we may hear
something, at that time.

happy days

yogi

P.S. ..... holding GGP.

:)

yogi-in-oz
14-09-2005, 03:07 AM
:)

Hi folks,

GGP ..... time to look at this one again,
with a morning star candle pattern completed
today, with good volume, it augers well for
a rally soon.

Today's report brings GGP back in control of
their own destiny, with more equity and
operatorship, in the same US leases ..... :)

Looking for some significant and positive
news out of GGP next week, 19-20092005.

happy days

yogi

:)

yogi-in-oz
13-01-2008, 03:57 PM
:)

Hi folks,

GGP ... using some simple Gann analysis, the GGP chart below, shows
the current price sitting on the 50% retracement level, down from
27042006 high .....

..... with a significant and positive cycle due to come into play
this week, around 17-18012008, we will be alert for a rally off
this critical Gann retracement level.

GGP chart may be found, at:

http://www.aussiestockforums.com/forums/attachment.php?attachmentid=16791&d=1200195346

have a great day

paul

P.S. ... other stocks, that use the same time cycles as GGP are:

PPP - GPG - GGY

:)

=====

tricha
28-08-2008, 06:00 PM
Hi Paul

Where was the Astro alert on this baby, up 100% in a week on good oil.



( A B N 3 4 0 9 0 0 7 4 7 8 5 )

1st Floor, 8 Colin Street
West Perth WA
Australia 6005
Telephone: +61 8 9324 1177
Facsimile: +61 8 9324 2171
PO Box 453
West Perth WA
Australia 6872
Email: admin@ggpl.com.au

Website: www.ggpl.com.au

28 August 2008
Market Release (via electronic lodgement)

BULLSEYE LOGS INDICATE SIGNIFICANT DISCOVERY

Jumonville #1 Bullseye Prospect, Iberville Parish, Louisiana, Operator 43.33% WI

The Company advises that on Wednesday (27/08/08), North America time, cased hole logs were run at the
Jumonville #1 well in the Bullseye Project with the following results:

Highlights

· The logs indicate approximately 40 feet net pay in the potentially oil-and-gas-bearing section of the Miogyp
sands, and a further 32 feet of net oil or gas pay in the Camerina sands approximately two hundred feet
above the Miogyp section. The two reservoir thicknesses are substantially above our pre drilling
expectations for each interval.

· Revised potential reserve estimates are 16 million barrels of oil equivalent (BOE) for the Miogyp and, as a
very preliminary estimate, several million barrels of oil equivalent for the Camerina.

· Further evaluation of the data and production testing is required to determine the size and commercial
significance of this discovery. Flow testing of the Jumonville # 1 well is planned within the next week.

· The Bullseye Prospect also has a further exploration target in the deeper Cib Haz interval which has had its
probability of success increased with the results in the Miogyp. The Cib Haz could represent another
20+ million barrels of oil equivalent reservoir potential and will be targeted in the next well.
Cased hole logs of the Jumonville #1 well indicate two hydrocarbon-bearing zones. The Miogyp, a primary target,
has a 47-foot sandstone interval with the top at 12,332 feet, of which 41 feet appear to be net pay, probably with
liquid hydrocarbons. The Camerina sands, a secondary target, appear to be hydrocarbon-bearing over a 42-foot
interval with the top at 12,103 feet. The three sand lobes in the Camerina total 32 feet of estimated net pay, again
with logs indicating possible liquid hydrocarbons.
The logging results, plus the substantial oil show while drilling (several hundred barrels of light oil in the mud pits),
suggest that this well has potentially made a substantial discovery in the Miogyp reservoir. Flow testing to determine
the commercial significance is planned within the next week.

Miogyp and Camerina Reserve Estimates

Internal Company estimates of recoverable oil in the Miogyp, prior to penetrating the section, were approximately
12 million BOEs, based on a most-likely pre-drill average net pay thickness of 30 feet. The well logs indicate net pay
35% greater than expected, raising the pre-drill reserve estimates to 16 million BOEs. Additional support for a larger
net-pay average is the Noble Acosta #1 well, about 2,000 feet to the east, which penetrated about 50 feet of sand
and also appears to be hydrocarbon bearing. The presence of more than 40 feet of sandstone in the Jumonville #1
logs also validates the use of seismic amplitude anomalies to map distribution of thick reservoir, thus supporting a
one-third increase in the pre-drill reserve estimate.

~ 2 ~

Although the Camerina was a secondary target for the Jumonville # 1 well, the log results point to a potential
commercial accumulation in this section. There are two nearby penetrations of the Camerina within the Bullseye
trap, both with substantial sandstone thickness like the Jumonville #1 and with indications of hydrocarbons. It is
anticipated that the Camerina sand could have up to 2 million BOEs of hydrocarbon resource. Further study will be
required for a more detailed reserve estimate.

Cib Haz Exploration Target

The successful results to date in the Miogyp confirm the trap integrity of this prospect, which was recognized as the
greatest exploration risk for the Jumonville #1. Demonstration of a working hydrocarbon trap substantially
increases the probability of success for wells in the deeper Cib Haz reservoir, which is another primary target for
exploration wells at the Bullseye prospect. Recently updated internal Company estimates for the Cib Haz in the
Bullseye Project suggest potential reserves of 25 million BOEs, substantially greater than the Miogyp. These
estimates are further supported by the Jumonville #1, which confirmed the seismic definition of reservoir for the
Miogyp; this seismic amplitude-anomaly definition also allows a high-quality mapping of the Cib Haz potential
reservoir.

Summary

The information to date supports the potential for a significant discovery with indicated net pay across both the
primary Miogyp and secondary Camerina intervals, as well as upgrading the potential for the deeper undrilled Cib
Haz Formation. Golden Gate Petroleum believes the total potential reserves for the Bullseye prospect is close to 40
million barrels of oil equivalent.
The Company is very excited about the large potential of the Bullseye prospect, however it does stress that the
commercial significance of the discovery is yet to be determined and will be a function of a planned production
testing operation over the coming week.
Partners in the Jumonville #1 well* are:
Golden Gate Petroleum Ltd (ASX code: GGP) 43.33% WI
Modena Resources Limited (ASX code: MDA) 15.00% WI
Pantheon Resources PLC 15.00% WI
Eastern Advisors 20.00% WI
Nuenco NL (ASX code: NEO) 6.67% WI
* Working Interests are reflected prior to back-in rights of project vendor.

On behalf of the Board of Directors

For further information contact:

Steve Graves
Managing Director
Phone +1 805 469 4656
Jeff Copley
VP Operations
Phone +1 713 334 0986
The information in this report has been reviewed and signed off by Mr. Jeff Copley, VP Operations (MSc.
Geophysics), with over 30 years relevant experience within oil and gas sector.
Golden Gate is an independent oil and gas exploration and production company listed on the Australian Stock
Exchange. Its focus of operations is onshore Texas and Louisiana Gulf Coast region of the USA.

yogi-in-oz
28-08-2008, 07:18 PM
:)

Sorry Tricha,

... overlooked GGP ...went with PPP instead.

have a great weekend

paul

:)

=====

bermuda
28-08-2008, 07:40 PM
Hi Paul

Where was the Astro alert on this baby, up 100% in a week on good oil.



( A B N 3 4 0 9 0 0 7 4 7 8 5 )

1st Floor, 8 Colin Street
West Perth WA
Australia 6005
Telephone: +61 8 9324 1177
Facsimile: +61 8 9324 2171
PO Box 453
West Perth WA
Australia 6872
Email: admin@ggpl.com.au

Website: www.ggpl.com.au

28 August 2008
Market Release (via electronic lodgement)

BULLSEYE LOGS INDICATE SIGNIFICANT DISCOVERY

Jumonville #1 Bullseye Prospect, Iberville Parish, Louisiana, Operator 43.33% WI

The Company advises that on Wednesday (27/08/08), North America time, cased hole logs were run at the
Jumonville #1 well in the Bullseye Project with the following results:

Highlights

· The logs indicate approximately 40 feet net pay in the potentially oil-and-gas-bearing section of the Miogyp
sands, and a further 32 feet of net oil or gas pay in the Camerina sands approximately two hundred feet
above the Miogyp section. The two reservoir thicknesses are substantially above our pre drilling
expectations for each interval.

· Revised potential reserve estimates are 16 million barrels of oil equivalent (BOE) for the Miogyp and, as a
very preliminary estimate, several million barrels of oil equivalent for the Camerina.

· Further evaluation of the data and production testing is required to determine the size and commercial
significance of this discovery. Flow testing of the Jumonville # 1 well is planned within the next week.

· The Bullseye Prospect also has a further exploration target in the deeper Cib Haz interval which has had its
probability of success increased with the results in the Miogyp. The Cib Haz could represent another
20+ million barrels of oil equivalent reservoir potential and will be targeted in the next well.
Cased hole logs of the Jumonville #1 well indicate two hydrocarbon-bearing zones. The Miogyp, a primary target,
has a 47-foot sandstone interval with the top at 12,332 feet, of which 41 feet appear to be net pay, probably with
liquid hydrocarbons. The Camerina sands, a secondary target, appear to be hydrocarbon-bearing over a 42-foot
interval with the top at 12,103 feet. The three sand lobes in the Camerina total 32 feet of estimated net pay, again
with logs indicating possible liquid hydrocarbons.
The logging results, plus the substantial oil show while drilling (several hundred barrels of light oil in the mud pits),
suggest that this well has potentially made a substantial discovery in the Miogyp reservoir. Flow testing to determine
the commercial significance is planned within the next week.

Miogyp and Camerina Reserve Estimates

Internal Company estimates of recoverable oil in the Miogyp, prior to penetrating the section, were approximately
12 million BOEs, based on a most-likely pre-drill average net pay thickness of 30 feet. The well logs indicate net pay
35% greater than expected, raising the pre-drill reserve estimates to 16 million BOEs. Additional support for a larger
net-pay average is the Noble Acosta #1 well, about 2,000 feet to the east, which penetrated about 50 feet of sand
and also appears to be hydrocarbon bearing. The presence of more than 40 feet of sandstone in the Jumonville #1
logs also validates the use of seismic amplitude anomalies to map distribution of thick reservoir, thus supporting a
one-third increase in the pre-drill reserve estimate.

~ 2 ~

Although the Camerina was a secondary target for the Jumonville # 1 well, the log results point to a potential
commercial accumulation in this section. There are two nearby penetrations of the Camerina within the Bullseye
trap, both with substantial sandstone thickness like the Jumonville #1 and with indications of hydrocarbons. It is
anticipated that the Camerina sand could have up to 2 million BOEs of hydrocarbon resource. Further study will be
required for a more detailed reserve estimate.

Cib Haz Exploration Target

The successful results to date in the Miogyp confirm the trap integrity of this prospect, which was recognized as the
greatest exploration risk for the Jumonville #1. Demonstration of a working hydrocarbon trap substantially
increases the probability of success for wells in the deeper Cib Haz reservoir, which is another primary target for
exploration wells at the Bullseye prospect. Recently updated internal Company estimates for the Cib Haz in the
Bullseye Project suggest potential reserves of 25 million BOEs, substantially greater than the Miogyp. These
estimates are further supported by the Jumonville #1, which confirmed the seismic definition of reservoir for the
Miogyp; this seismic amplitude-anomaly definition also allows a high-quality mapping of the Cib Haz potential
reservoir.

Summary

The information to date supports the potential for a significant discovery with indicated net pay across both the
primary Miogyp and secondary Camerina intervals, as well as upgrading the potential for the deeper undrilled Cib
Haz Formation. Golden Gate Petroleum believes the total potential reserves for the Bullseye prospect is close to 40
million barrels of oil equivalent.
The Company is very excited about the large potential of the Bullseye prospect, however it does stress that the
commercial significance of the discovery is yet to be determined and will be a function of a planned production
testing operation over the coming week.
Partners in the Jumonville #1 well* are:
Golden Gate Petroleum Ltd (ASX code: GGP) 43.33% WI
Modena Resources Limited (ASX code: MDA) 15.00% WI
Pantheon Resources PLC 15.00% WI
Eastern Advisors 20.00% WI
Nuenco NL (ASX code: NEO) 6.67% WI
* Working Interests are reflected prior to back-in rights of project vendor.

On behalf of the Board of Directors

For further information contact:

Steve Graves
Managing Director
Phone +1 805 469 4656
Jeff Copley
VP Operations
Phone +1 713 334 0986
The information in this report has been reviewed and signed off by Mr. Jeff Copley, VP Operations (MSc.
Geophysics), with over 30 years relevant experience within oil and gas sector.
Golden Gate is an independent oil and gas exploration and production company listed on the Australian Stock
Exchange. Its focus of operations is onshore Texas and Louisiana Gulf Coast region of the USA.


I wont tell my daughter until the results are out!!! Looks the goods though.

kura
29-08-2008, 07:29 AM
I was a holder of GGP many years ago, so this announcement rekindled my interest, while there are several analysts reports on their website, I just looked at the most recent (Strachan Corporate) Discovery value of Bullseye was stated at some 60 cents, add this to existing asset values of 20 cents (excluding exploration upside ) so even after yesterdays increase, you have a seriously undervalued looking company.

Only negative I see, is possibility of fundraising to develop discovery.

yogi-in-oz
14-09-2008, 11:11 PM
:)

Hi folks,

GGP ... we will be alert for results of a flow test on Jumonville #1 well,
this week ... a positive time cycle is due to slot into place for GGP,
later this week ..... :)

have a great day

paul

P.S. ... and be watching NEO, MDA and PRE about the same time, too ...!~!

:)

=====

ELYOB
19-11-2009, 10:08 AM
Worth having a look at this . price seems cheap at this time with finances now sorted . 2 impact wells imminent ..... further production development next year .

FPO is down to 4c ; GGPO has long term and much leverage.

Think some money could be made here , well spud in USA early DEC ????



Hold GGP's

pigeon
19-11-2009, 10:45 AM
I own a bit of this stock, think it will reward big time

ELYOB
25-11-2009, 12:24 AM
GGP has some following and people will see a good gamble in the patch here.

Could move well with a momentum attack by the day traders ......?????

pigeon
25-11-2009, 09:44 AM
im more than happy to accumulate at these levels, it has extreme support around the 4c level, and imo is grossly undervalued. ggpo's are looking tasty too

pigeon
30-12-2009, 10:03 AM
good drilling results just out , should be some price action with more to come!

drillfix
30-12-2009, 11:02 AM
Pigeon,

What are the options exercise price?

I am looking at the quarterly and I cannot see any AUG 2012 options there.

There seems to be Aug 2011 (40c), June 10, Oct 10 and Dec09

pigeon
30-12-2009, 11:51 AM
Pigeon,

What are the options exercise price?

I am looking at the quarterly and I cannot see any AUG 2012 options there.

There seems to be Aug 2011 (40c), June 10, Oct 10 and Dec09


8c I believe... I should really get some more :confused:

pigeon
02-02-2010, 02:12 PM
Fausse point production testing now well under way... should have some results soon - big price action either way coming up

TheRealPigeon
26-03-2010, 09:02 AM
How is the Fausse Point production testing coming along??? Last I heard the initial clean up and production testing resulted in initial flow rates up to 1.8 mcf of gas a day and 56 barrels of condensate a day.

pigeon
26-03-2010, 04:56 PM
How is the Fausse Point production testing coming along??? Last I heard the initial clean up and production testing resulted in initial flow rates up to 1.8 mcf of gas a day and 56 barrels of condensate a day.

There is another pigeon fan in this forum??????? :confused:

clarky
22-04-2010, 08:52 AM
took the plunge to join you pigeon... looks like a fast opening today with a lot of bidders up2 4c

tricha
04-10-2012, 12:58 PM
I wont tell my daughter until the results are out!!! Looks the goods though.

This company would be my worst buy, I only dipped my toes, way back in 2008 and still hold, a lession to be learnt here.



GGP5000ASX445.0000



GGP (http://www.sharetrader.co.nz/8C45E34FAB4A4DB448D1C675258F470C/quotesummary/index/asx/ggp)

bought





5,000
$445.00 DR
$0.008
now worth $40.00

91.01% loss