one well closer to the big one

As the old farmer said during the drought - "each day is another day closer to drought breaking rains"

I am starting to get just a little excited about VPEs prospects at the moment. Lets face it DWJ has put together a pretty fair drilling program together and you have to give him credit for his persistence. He and we (the long term supporters) deserve some success.

To quote DWJ -

“Exploration success at Growler and Wirraway maintains our 100% exploration success rate in PEL 104 and further confirms our belief that a new Jurassic “Oil Fairway” and oil production province with the potential for an in place oil reserve of up to 100+ million
barrels of oil is present in the western part of PEL 104 and our adjoining PEL111 permit, if oil is present”
“Thirty two prospect and leads have been mapped as follow up targets in PEL 104 and in the immediately adjacent permit to the north, PEL 111 lie in the Jurassic “Oil Fairway”.

“Given the current exploration success rate, Vicpet would expect to enjoy further exploration success in the ongoing 2007 fourteen well Cooper Basin drilling program as encountered at Wirraway-1.”

Talking to a Cooper Basin worker yesterday, he said that the feeling up there is that DWJs drought might be broken with this one!