It was clearly written in the footnote of the cap raising presentation - subject to JV approval. Don't blame others for your lack of understanding.
They will drill it - it's just whether the oil prospect is drilled first. Clearly Metgasco thinks that they need to consider drilling underbalanced per the Santos nearby results. They have updated the market sufficiently - we know that they will be perforating and connecting soon. As a JV it is hard when multiple parties are at different stages of cap raising. Metgasco will announce results form theirs tomorrow and we'll likely start getting some news.
VEN Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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