Also remember they also have production facilities already in place from FP1.
This from March 2010...
"With FP #1, it was decided to install a permanent production pipeline from the well and tie into gas processing facilities and a gas sales pipeline. This will enable all the intersected and interpreted potential hydrocarbon bearing zones to be thoroughly tested and evaluated without regulatory restrictions. Verus? commitment to the construction and installation of the permanent access road, land leasing, pipeline and processing facilities and the tie into a gas sales pipeline is less than US$200,000, being 50 per cent of the forecast total of US$380,000"
VIL Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held