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The entire area is not oil/hydrocarbon free!Just FP1 was drilled...

  1. nzmicro
    2,196 Posts.
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    14/09/10
    12:52
    Post #: 7194889
    The entire area is not oil/hydrocarbon free!

    Just FP1 was drilled in the wrong place, the oil shows etc still exist, they just have to be smarter with where they drill FP2.

    All this doom and gloom talk annoys me, sure I am not happy with the way this has played out and yes it has cost me a LOT on paper but don't make it worse than it is.

    Fausse Point is still swimming in oil we just need to drill where the salt won't compromise the flow.
    VIL Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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