Below are a few announcements I have found regarding the drilling in Bullseye which from my research is not far at all from Fausse Point…
As you can see results was very positive. GGP had 50% interest when this drilling started when this drilling was in progress with reports from Spud august-October 2008 GGP hit the 40cent mark at the time of results etc. VIL has 50% of Fausse point so seems like its all good for the future… ill be extremely happy if VIL hit 20cents although from what I can see we may on the verge of some good results.
Just my opinion..
http://www.modenaresources.com/investors/asx/2009/2009-07-21.pdf
http://www.ggpl.com.au/documents/2008-10-20BullseyeOilProductionIncreases_000.pdf
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