"The company has acquired 3D seismic data over the entire fausse Point salt dome and has reprocessed the data to improve previous poor quality. Initial interpretations have identified a missed target in the TGR lands #1 well due to an undefined fault. The TGR lands #1 target appears to be in an up-thrown fault block that closes against the salt up-dip. The company hads been completing interpretational work and preparing a side-track or appraisal well for partner review"
we can only live in hope they missed the big one!!
VIL Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
