VIL 0.00% 1.6¢ verus investments limited

when will vil hit 20c?, page-37

  1. 199 Posts.
    Good one Melua, not bad;0),
    The first exploration well is usually the deepest one, reaching all target zones. Formation testing starts from the bottom one and move up.

    If commercial flow achieved at formation, a well is capped in for production. Some people here may think you can test and have multi-formations production well, but it's easy said than done due to logistic and safety requirements of explosive gas well.

    The next well (FP#2) will only target the untested upper formations, applying the same testing procedures. Eventually the most productive formation will be identified for directional drilling of later well for rapid extraction.

    How do I go so far;0) ?
 
watchlist Created with Sketch. Add VIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.