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Golden Gate Petroleum resumes oil and gas production from Permian Project, Texas


Golden Gate Petroleum (ASX: GGP) has re-established electrical power to all of its wells at the Permian Project in Texas and has produced 441 barrels of oil and 3.3 million cubic feet of gas in the two weeks to 15 December 2013.

Production at the Napoleonville Project was 545 barrels of oil and 639,000 cubic feet of gas during the same period.

It also received 6 barrels of oil and 562,000 cubic feet of gas from its 12% working interest in the Bowtie West Project.

Operations at its Permian Project had been affected by severe weather conditions that had caused a substantial outage of electrical power over a wide area.

It has also completed and drilled the SRH-6 well that has been shut-in to prepare for completion and fracture stimulation.


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