OPERATIONS

Golden Gate hits another Bullseye

GOLDEN Gate Petroleum has hit another winner at the Bullseye prospect in Louisiana, with the Jumonville-2 beginning production at an initial rate of 750 barrels of oil and 250,000 cubic feet of gas per day.

Golden Gate hits another Bullseye

The company said the well had started producing after the main target interval, the Miogyp sandstone, was perforated and was already providing an immediate and substantial increase to cash flow. Managing...

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