Grand Gulf Energy targeting 1 million barrels of oil with new Louisiana well
Sept. 17-(MENAFN - ProactiveInvestors - Australia) Grand Gulf Energy (ASX: GGE) and its partners are preparing to spud the Desiree prospect in Louisiana targeting 1 million barrels of oil in early October.
The Desiree well is updip from and just 270 feet away from the largest producer in the Napoleonville project, which produced 2.3 million barrels and was still producing 100 barrels per day when it was abandoned at low oil prices with split casing.
BIG NEWS! It explains the reluctance of officials to give any information!
