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


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.


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