Wanna know if anyone out there has an opinion on GOG as well as EPE.
GOG has just risen from a 12 month low of 16 cents, and is currently up to 19 cents a share. GOG has finished a capital raising that should see it finish its near term drilling program. Its only started its first drill of the program and has struck oil (although only 120 bpod). The drilling program consist of a few low risk wells (1mmbbl) which are close to existing facilities. With 2 more wells to be drilled by the end of the year. Company has been good with bringing in other companies such as MAG and EPE into fray that have potential to reduce cost in progrm.
EPE is currently in a trading halt generating new capital for its share of drilling costs of the GOG series (12.5% interests). Last trading price is 6.5 cents before halt, with new amount of shares to hit at 5 cents each, i expect a drop of value down to 5 if not 4 cents before rebounding with hopefully good news from drill program it bought into with GOG
PS Hope RSN starts on the train again