viewNew Energy Minerals Ltd

Golden Gate Petroleum reconfiguring gas lift system to improve Permian oil well performance


Golden Gate Petroleum (ASX: GPP) has started reconfiguration of the gas lift compressor at its SRH-5H horizontal well the Permian Project, Texas, to improve efficiency.

Gas intake values have been increased in size to allow improved flow and lift rates from the system, which had previously performed at substandard levels.

Average daily production for the two week period ending 31 August 2013 was 99.1 barrels of oil equivalent, down from 138.7 boe/d in the previous period.

This is due to SRH-5H being shut for most of the reporting period for the reconfiguration.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: New Energy Minerals Ltd

Price: 0.007 AUD

Market: ASX
Market Cap: $1.2 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of New Energy Minerals Ltd named herein, including the promotion by the Company of New Energy Minerals Ltd in any Content on the Site, the Company...



Mustang Resources shifts focus to graphite and vanadium

Vanadium is another metal that has in the past received little attention but has undergone a huge price surge over the past two years, as China tightens its standards around the strength of steel and the battery revolution continues. Mustang Resources (ASX: MUS) is an Australian listed...

on 26/7/18

2 min read