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GRAND GULF ENERGY LTD - ASX: GGE
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Description
Grand Gulf Energy Limited is an Australian listed company focusing on US oil and gas exploration and production in the highly productive US oil and gas basins.
Napoleonville Salt Dome Project - Louisiana
Grand Gulf Energy has a 26% interest in the Napoleonville Salt Dome Project in Assumption Parish, Louisiana. The Napoleonville Salt Dome has historically produced some 188 billion cubic feet of gas and 20 million barrels of oil. It was one of the last remaining salt domes in Louisiana without 3D seismic prior to the 50.4 square mile 3D seismic acquisition program undertaken by Grand Gulf and its Joint Venture partners in 2007. Initially the Joint Venture acquired seismic lease options over some 30,000 acres covering the salt dome.
Since 2007 when the 3D seismic acquisition was completed the Joint Venture has been involved in working up leads and prospects over the Salt Dome. Numerous lead and prospects have been generated, from prospects updip of existing production wells to new exploration prospects identified on the edges of the salt dome and sands under wings of the salt dome.
Mine For
oil, gas
Location of operation(s)
USA
Address
Ground Floor, 1292 Hay St
WEST PERTH, WA, AUSTRALIA
Phone
(61 8) 9324 1177
Website
http://www.grandgulfenergy.com/
Last Updated
02/06/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.