VIL 0.00% 1.6¢ verus investments limited

commercial production!!, page-153

  1. 874 Posts.
    Thanks xsmangos

    Dont know the answer to your question - wish I did!

    IMO from what GGP have said so far, at the completion of their proposed infrastructure, they may be more likely to stay with the current lowest level and see how much they can increase flowrates from there, rather than immediately go to an (unknown) upper level for further testing.

    This would make sense as income would be increased and additional useful information at higher flowrates could be achieved.

    As you say, it takes time to find acceptable rigs etc., and this approach may be the best barring any unforseen excitement at the increased flowrates!

    No doubt the next well will receive a lot of market attention, as this will probably target the indicated oil level.

    Time for patience, but there is great chance here for a very successful and profitable field.

    Would like to see an update on Monday though!
 
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