Golden Gate is a focused petroleum exploration and production company with an exploration portfolio in the Gulf of Mexico and the Permian Basin containing world-class prospects.

Corporate Profile
*Built a substantial Operating capability on the Texas/Louisianna Gulf Coast.
*Production is presently coming from both Padre Island, Texas and the Bullseye Project in Lousianna.  Fausse Point is presently been completed.
*Drilled and placed on production Jumonville #1 in Sept 08. GGP has a 42.25% working interest.
*Drilled and placed on production Jumonville #2 on 30 June 2009. GGP has a 42.25% working interest.

Golden Gate Petroleum (ASX:GGP)
Company Directors
Mr Chris Ritchie (CFO, Investor Relations)
Mr Frank Brophy (Non Exec. Director)
Mr Frank Petruzzelli (Non Exec. Director)
Mr Stephen Graves (Executive Chairman, Managing Director)
Contact Information
Phone: +61 3 9349 1488

Address
566 Elizabeth Street, MELBOURNE, VIC, Australia, 3000
Media Releases
PERMIAN BASIN PROJECT UPDATE
28 Dec,2011 08:36 AM

6H WELL HAS PERMANENT PRODUCTION EQUIPMENT INSTALLED. WAITING ON GAS PIPELINE CONSTRUCTION

8A WELL SUCCESSFULLY COMPLETED HYDRAULIC FRACTURING. PRODUCTION EQUIPMENT BEING INSTALLED. OIL REPORTED TO SURFACE DURING FRAC FLUID RECOVERY

9M WELL WAS SUCCESSFULLY COMPLETED TO A DEPTH OF 9,454 FEET. PREPARATIONS UNDER WAY FOR FRACTURE STIMULATION SCHEDULED FOR THE SECOND WEEK OF JANUARY

9E WELL HAS COMMENCED DRILLING OPERATIONS AND IS DRILLING AHEAD AT 2,992 FEET. A NEW INTERVAL WILL BE TESTED IN THIS UP DIP WELL.

Golden Gate Petroleum Ltd (ASX: GGP) is pleased to provide an update of operational activities in our Permian Basin Project located in Reagan County, Texas.


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