logo-loader
viewNew Energy Minerals Ltd

Golden Gate Petroleum updates oil and gas production from Texas, U.S.

au_golden_gate_petroleum_texas_map__358_5301376f8d9d7.jpg

Golden Gate Petroleum (ASX: GGP) is producing oil and gas from multiple projects in Texas, U.S.

During the two week period, 16th to 31st January, Golden Gate's production from its 100% Permian project was 5,140 million cubic feet of gas, and 857 barrels of oil.

This brings total production for calendar year 2014 to 76,078 mcf gas and 12,938 barrels of oil.

At the Napoleonville project, where it maintains a 15% interest in the D&L #3 well, production during the period was 19 mcf gas and 204 barrels of oil.

The Hensarling #1 well at Napoleonville, where GGP holds a 3.99% interest, produced no gas and 240 barrels of oil.

No new figures were available from the operator of the Bowtie West project for this two week; updated figures will be included in the next report.

 

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: 0.015 AUD

ASX:NXE
Market: ASX
Market Cap: $2.29 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

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