Yes I take heart in the announcement and can't help but feel the closeness of GGP and VIL board will see the flow of news both good and bad. Previous management really did muck us around; now appears (at the moment) to be different.
My take out of this is mostly positive: FP I liked the way they pointed the finger at VIL for delaying key decissions. Now seems to be on the move again and looking at 3000ft Bowtie West to start drilling Sugar Valley#1 early 2012 Bullsie J#1 well bottom to finish Jan 2012 and thenmove up to next target (of toal of 3) where they expect 2.3 to 7 mil boe.
All in all a good report. Please keep them coming?
VIL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held