Corporate Overview
Grand Gulf Energy Limited (ASX: GGE) is targeting conventional oil and gas opportunities in the United States, primarily onshore Gulf of Mexico.
The company listed on the Australian Stock Exchange in February 2006.
Grand Gulf Energy has a strong board of directors and management team based in both Perth, Western Australia and Houston, Texas, USA.
Grand Gulf Energy is focused on low-risk, conventional oil and gas plays in Louisiana, close to existing infrastructure and close to or within existing oil and gas production.
Grand Gulf Energy’s strategy is to apply the expertise and new technology (such as 3D seismic) required to deliver a low risk exploration and development portfolio with potentially high rewards. The company is also focused on forming relationships with organizations that can deliver further acquisition and development opportunities.
The company’s portfolio of active projects includes the recent discovery at Abita (due to be on production in mid Dec 2011, production from D&L#3 (39.5% WI), the presently drilling Lyons Point Prospect, Upcoming West Klondike and the Napoleonville Salt Dome project, all in South Louisiana. For more information, see the Operations section of this website.