Hi VIL holders.
I have read all the comments on this thread about the BRR by Andrew McIlwain and want to make a couple of observations.
As you probably recall from my past posts on VIL I take an interest because of my holding in GGPO and therefore in FP-1.
And it was to hear what had to be said about FP-1 that I have listened to the BRR at least twice.
The things that struck me about what was said are the following :
(1) Gas flows have fluctuated.
Now that may mean that they have fluctuated because they have been fiddling with the choke sizes to get the best option.
Or it could mean that they have been fluctuating "normally" as the "pathways" have opened up and cleared to allow the gas to flow more easily.
(2) Condensate flows have increased. Again that may be because they have managed the flow rate better as they have sorted out choke settings or it could indicate that they are getting a greater flow rate of gas and therefore more condensate.
(Of course at this stage we are now given any indication to what extent the amount of condensate flow have increased which is a pity)
(3) The indication that they are now going to have a two week unrestricted flow test would appear to indicate a degree of confidence that they have the settings right to allow that.
Or they simply want to see what it will do.
(4) The other thing is they are definitely planning a FP-2 no doubt aimed for the "new play"
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