Golden Gate oil strategy developing

摘要

Perth-based junior olden Gate Petroleum Ltd may not have the high profile of other Australian E&P companies operating in the USA,but it boasts an exploration portfolio in the Gulf of Mexico containing world-class prospects and proven yet undeveloped gas fields in north east Texas.The company generated some US144,000 during the the last quarter from an estimated share of production from its USA operations of 14.1 million cubic feet of gas and 91 barrels of oil.