Articles On Grand Gulf Energy (ASX:GGE)

The ASX 200 is vacillating Small caps are down over 1.3% Demetallica is a great name and it’s up 40% on takeover talk   The benchmark ASX 200 is flat as on Monday. The ASX Emerging Companies (XEC) index has lost 1.3%. REITs and Gold are h...

Grand Gulf Energy has mobilised a rig to flow test the Jesse#1A helium well, part of its Red Helium project in Paradox Basin, Utah, USA. The well recently recorded helium concentrations up to 0.65% and bottom-hole pressures consistent with...

Grand Gulf Energy (GGE) is set to mobilise a workover rig to its Jesse 1A discovery well in Utah to begin gas flow tests Earlier this month, the well recorded helium concentrations of up to 0.65 per cent, in line with modelling and reservo...

Grand Gulf will soon have a firm idea about whether it has made a commercial helium discovery with flow testing of its Jesse#1A exploration well expected to start within weeks. The company has scheduled for a workover rig to flow test sever...

Grand Gulf now has more skin in the game at the Red Helium project after increasing its working interest from 55% to 70% after meeting earn-in requirements for the first well. It follows the company contributing the first US$1.5m for the co...

Grand Gulf will soon be able to assess the ability of its Jesse#1A discovery well in Utah to produce helium after securing the required work-over rig. The rig will run a production log, isolate the gas column – samples from which returned b...

Multiple well head samples have confirmed helium concentrations of up to 0.65% within the gas contained in Grand Gulf’s potentially company making Jesse#1A exploration well in Utah. Samples returned between 0.44% to 0.65% helium, which com...

The ASX 200 mini streak is done, small caps crash hard Brokers at Morgan Stanley downgrade property sector  Titanium Sands pops on Sri Lankan prospects   Property, tech and healthcare stocks are leading losses up and down local markets o...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX200 is up for a 6-week high today of 2% today US and EU share markets were up 3% and 2.6% respectively on Friday The energy and tech sectors led the charge, followed by financials   Take your mind off rising inflation and surging i...

Grand Gulf Energy (GGE) successfully re-enters its Jesse 1A well within its Red helium project in Utah, US The company recently announced logging results which indicated a 203-feet gross gas column within the Leadville Formation with dolom...

Grand Gulf draws ever closer towards flow testing its promising Jesse#1A helium exploration well in the Red Helium project with formation stimulation works currently underway. Once this work is completed, the workover rig will run productio...

After highly encouraging initial drill results, a work-over rig has been sourced and has begun mobilisation to the Jesse#1A well, within the wider Red Helium Project in Utah.   At the end of May, Grand Gulf’s (ASX:GGE) first helium explorat...

Grand Gulf’s first helium exploration well has met all expectations, intersecting a 203ft gross gas column in the Leadville Formation, which was intersected high to prognosis. Preliminary petrophysical interpretations indicate a highly dolo...

Grand Gulf Energy (GGE) says initial log interpretation indicates a gross gas column of 203 feet within the Jesse#1A well in Utah The company notes the Jesse#1A well has similarities to helium-producing wells in the nearby Doe Canyon heliu...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Grand Gulf Energy (GGE) detects helium concentrations up to 37 times above background levels in the Jesse#1A well The company has undertaken mud gas monitoring at the well which lies within the company’s Red project in Utah This work dete...

Helium concentrations over 17 times background levels have been detected above the primary target in Jesse#1A. Continuous mud gas monitoring using quadrupole mass spectroscopy detected helium concentrations above the primary Leadville form...

Monitoring work at Grand Gulf Energy’s (GGE) Jesse-1 well in Utah has detected helium concentrations up to 17 times background levels Mud gas monitoring detected several zones with elevated helium concentration and while not at target dept...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Since spudding its maiden helium exploration well in late April, Grand Gulf has marked excellent progress for the drilling of Jesse1#A, which had reached a depth of 940m. The well will continue drilling to an anticipated depth of 2460m, and...

Grand Gulf Energy (GGE) is continuing to progress its Jesse1#A well, located within its Red helium project in Utah So far, the well’s top section has been drilled to a depth of 3095 feet and a casing has been successfully cemented The well...

Grand Gulf is fully funded for the drilling of at least two helium exploration wells in Utah after raising $11m through a share placement. This is a massive increase to the minimum of $8m the company had sought for the placement and a crack...

Grand Gulf Energy (ASX:GGE) is looking to raise $11 million to fund exploration at two helium wells at its Red Helium project in Utah The maiden wells at the project are expected to be “company-making” and GGE has scheduled spudding for la...

Local stocks hit cruise control heading into the Easter break, with steady gains across the ASX in a calm session. The microcap ASX Emerging Companies index rose by around 0.8%, slightly outperforming the big end of town. It followed a soli...

Grand Gulf Energy (GGE) ends the trading week in a halt ahead of a capital raise It is not known how much the company is aiming to raise or where the funds will be spent Under the halt, company shares will be paused until after the Easter...

Emmerson Resources (ERM) today begins drilling for copper and gold at its Hermitage project near Tennant Creek, in line with announcing a $6.5 million capital raise.    A 10-hole, 2000-metre reverse circulation and diamond drilling progr...

Listed helium explorer Grand Gulf Energy was asking investors for $8 million Thursday morning to spend on its exploration wells and for working capital.

GGE’s new alliance with Paradox Resources is designed to fast-track and optimise commercial opportunities that exist in the current buoyant helium market. Grand Gulf Energy has entered into a strategic alliance with helium refiner and sell...

Grand Gulf Energy (GGE) begins trading on the OTCQB in the United States with the ticker code GRGUF The OTCQB is the middle tier for over-the-counter (OTC) stocks and consists of mainly early-stage and international companies OTC markets a...

The ASX200 has taken a 0.5% hit on Wednesday, with the tech sector giving back all the previous session’s gains after Wall Street fell and the tech-laden Nasdaq Composite lost 2.3% overnight. The overnight session was dominated by comments...

Grand Gulf is expanding its helium exploration efforts at the Red Helium project in Utah with the identification of drill locations on three discrete independent additional prospects. The Earp, Oakley and Kit prospects were defined using 31...

ASX to follow Wall Street’s gain this morning Elon Musk bought a big stake in Twitter RBA interest rates decision ahead ASX to rise, Musk takes stake in Twitter Local shares are set to extend their gains, with the ASX 200 April futures po...

Grand Gulf Energy (ASX:GGE) begins construction of the drill site for its Jesse #1 well at the Red Helium project in Utah Construction of the drill site officially began this week, and is designed to accommodate the drilling rig as well as...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

ASX Emerging Companies (XEC) index has closed o.2% higher Monday Monday winners: Terramin Australia (ASX:TZN), Frontier Resources (ASX:FNT), Ardea Resources (ASX:ARL) Monday losers: Melbana Energy (ASX:MAY)   The ASX Emerging Companies...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

The ASX Emerging Companies Index (XEC) has ended 1.5% higher on Wednesday, driven by a new EV car as a few battery metal small caps locked in the right prices from a government ready to pay. The ASX200 has also risen a further 1.1% driven b...

Grand Gulf Energy (GGE) secures a helium offtake agreement with Paradox Resources after signing a gas sales and processing agreement Paradox owns the Lisbon helium processing plant near Grand Gulf’s Red Helium project in the US state of U...

The ASX 200 index has closed 1% higher on Monday, while the ASX Emerging Companies (XEC) index shed earlier gains to finish down 0.1%. Disappointing, really. It shoulda been a day for the little guys. Asia was mixed. Although not the Hong K...

Grand Gulf Energy (GGE) is getting ready to spud its Jesse#1 well around the upcoming Easter holiday, located within the Red Helium project in Utah The well is the first pure helium well to be drilled at the project and is expected to spu...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

After the Russia-Ukraine crisis sent US investors back into their shell overnight, ASX investors were comparatively sanguine in Friday trade. Large caps still finished in the red, but a host of gains among junior explorers saw the microcap...

The ASX 200 posted a small 0.11 fall on Tuesday, outperformed by the small end of town as the microcap Emerging Companies index rose by 0.66%. There were no clear catalysts as Asian markets struggled for direction after Wall Street was clos...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Grand Gulf (GGE) enters agreement with Valence Resources to acquire an additional 30 per cent to increasings its interest in Valence to 55 per cent The company also has the option to earn up to 85 per cent of Valence’s issued share capital...

Highlights The ASX has performed well this year with 85 companies joining the board. Few stocks have been performing well from the last one month recovering the losses incurred during the pandemic. With Halloween approaching, many...

On a day Facebook was out for 6 hours, the tech sector – in Australia and abroad – was sold off and that was enough to send the ASX into negative territory. The ASX 200 closed 0.41% down at 7,248 points and tech was easily the worst sector,...

September 2021 was the worst month for the ASX since March 2020 but the 50 best stocks gained 57% or more. Despite a positive close on September 30, the ASX finished the month down 2.59% and nearly 4% lower since mid-August. While the stimu...

It was another day of gains for the ASX led by the energy sector. The ASX 200 rose by 0.116% to close at 7,437 while the ASX Emerging Companies Index rose 0.56% to close at 2,527. Although there was an even number of winners and losers amon...