testing results over the past several weeks indicate that this lowest zone (8,370 feet) is possibly connected to a much larger hydrocarbon accumulation, and that this well has only just penetrated the edge of this larger accumulation.
This is a fantastic find if realized! and could be a new deep oil trough un-predicted for this area! *whats in it* could be massive?
This along with the improved Gas flow, up a further 40% when the chokes are set and flow is increased to Max.(next week IMO)
Lets hope the crazy sell off is over and we get to a 5.5c base, until next Ann...qualifying flow increase and oil prospects
VIL Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held