pretty hard to get away from some of the comments in the last report......:-
Extract frm the last Ann.
As reported previously the Fausse Point well has encountered three gas and oil bearing formations starting at 7,000 ft.
There have been several "OUTSTANDING ZONES" of interest across the three major formations
Flow rates from this interval will be announced "once a stabilised flow rate" "HAS been established"
to guide us in determining the "required infrastructure for its potential development". ******************************* The Fausse Point salt dome has already produced over 44 millions barrels of oil and 141 billion cubic feet of gas.
If no report Mon. this could be the last day to get in on this prospective bonanza!
the extracts are something to give confidence in my book
VIL Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
