new oil discovery

There seems to be a vested interested in getting holders of MHL shares to be in doubt of the announcement a few days ago and sell out.

When in the past has MHL partnered with a solid miner like VPE and actually found OIL of a commercial quatity and the major stated its NEW MAJORY OIL DISCOVERY.

Below is what the VPE managing director said.

Monitor, considered a dog of the market, its shares just 0.4c and its options 0.1c is actually holding 42% of the well...more than VPE and its after all this time in line for making money with a pipeline consider to be coneccting to other existing oil finds nearby.

For a supposed dog of the market.....they finally found something and we now have posters quickly doubting at every chance MHL's oil discovery.

This is absolute ground breaking imo for MHL as they are testing flow rates now and news should be close.

Good holders and new people who can see MHL may be about to shed its penny dreadful skin.

Vicpet managing director John Kopcheff commenting on the results of the wire line logging and the
completion of Fury-1 as a future oil producer said:

“Vicpet is very pleased that the wire line logs and sidewall cores have confirmed the presence of
an oil column in the target sands of the Murta formation in Fury-1 and a new oil field discovery.

The oil sand seen in the Permian is significant as this is the first Permian oil sand drilled in PEL
115. The presence of oil in the Permian opens up a new target zone in the immediate area of
Fury-1 and PEL 115."

Victoria Petroleum N.L. (Operator) 33%
Monitor Energy Limited 42%
Lion Petroleum Pty Ltd. 25%