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
JUMONVILLE # 4 UPDATE
18 Jan,2012 11:37 AM

Golden Gate Petroleum Ltd (ASX: GGP) advises the market that the Jumonville # 4 well reached total depth of 10,476 feet on 16 January, 2011 (North America Time). Electric logs were run and it has been determined by log analysis that the targeted Huth Sand is wet. While the Jumonville # 4 well is only 115 feet away and 14 feet down dip from the logged pay in the Jumonville # 2 well, the logs indicate very low resistivity and no indication of faulting between the two wells.

As a consequence of log analysis, the well has been plugged and abandoned.

Golden Gate Petroleum Ltd (ASX: GGP) 21.0% WI (Operator)
Other Partners 79.0% WI