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
Email:
Website:

Address
566 Elizabeth Street, MELBOURNE, VIC, Australia, 3000
Media Releases
JUMONVILLE # 4 DRILLING UPDATE
09 Jan,2012 10:10 AM

Jumonville #4, Bullseye Prospect, Iberville Parish, Louisiana, Operator 21.0% WI

The Jumonville #4 well spudded on 31 December 2011. Surface casing has been successfully set and it is currently drilling ahead at 6,607 feet.

The Jumonville # 4 well will test the 10,100 ft Huth Sand as an offset to the Company’s 2009 Jumonville # 2 well. The # 2 well logged 5 ft of net oil pay carrying 20 ohms of resistivity in the 10,100 ft Huth Sand.

There have been 8 wells completed in the Huth Sand averaging 291,000 barrels of oil. Four locations have been identified that may contain additional recoverable oil. The Huth Sands have permeability’s in the 250 to 900 md range; porosities of 25 to 30% and is normally pressured with a GOR of 1100 to 1. The prospect trap as covered by 3D is a 4 way closure bounded by a stratigraphic pinch out.


For further information please download PDF below: