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: info@ggpl.com.au
Website: http://www.ggpl.com.au
Address
566 Elizabeth Street, MELBOURNE, VIC, Australia, 3000

Media Releases see all media releases

Golden Gate Petroleum Ltd, August 2012 - Investor Presentation - Permian Horizontal Well Project
13 Aug,2012 11:07 AM

Introduction

- As announced to the ASX on 13 August 2012, Golden Gate Petroleum (“Golden Gate” or the “Company”) has signed a mandate with Novus Capital to raise up to $10 million by way of the issuance of Secured Convertible Notes (the “Offering”) on a best endeavours basis

- The Offering will be used to fund Golden Gate’s investment in the drilling of the Company’s first horizontal well, SRH #5H, which is expected to start drilling in 2nd Quarter 2012/13 FY, and the acquisition of other properties in the Permian Basin

- Golden Gate has also identified some additional properties in the Permian Basin which may be attractive from an acquisition perspective which will be funded out of the Offering

- This investor presentation gives an overview of Golden Gate, its Permian Assets and summary of the Offering.


To view Presentation please download PDF below: