Absolutely agree, im hoping for oil too, but im just as excited seeing so many strong gas shows (& the last one was a major one!). 24-40 bcf gas at $6 (price looks like will continue rising) = 144ml - 240 ml USD potential rev from projected gas sales alone. Looks like the gas reserves will probably be upgraded too. Once commercial gas flowrate tested, rough daily rev (& hence annual rev) can be worked out. And remember with more cash. we'l sure drill more wells in next couple of months. And with another spudding likely before oppie expiry, maybe it's not too hard for the oppies to be in the money
VIL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held