Hi As I see things The rig they used was limited in its drilling capabilities . A more conventional rig would have been able to continue drilling in a horizontal position in the direction to what they have indicated is a much larger accumulation and maybe fractured the well to enable a much bigger gas flow . They are going to produce from the original well and test the oil accumulation at a later date. With their next well they may decide to use a more conventional type drilling rig DYOR This is only my take on the situation. It all adds up to some exciting times ahead Cheers Towie I do not have a large holding
VIL Price at posting:
3.7¢ Sentiment: LT Buy Disclosure: Held
