RE:RE:RE:RE:Bangora Gas Field Update June 13 2022I believe VLE is planning to drill in 1Q of 2023 so depending on results we may see firming up of share price sooner than later. I think my analogy to Niko is even more relevant when one considers that NKO had a big 2nd play in India (only 10% WI in Block D6 but still big) where they successfully took a risk on fluvial/delta depositional type of reservoir before venturing into Thailand.
Similarly with VLE and Thrace basin in Turkey which needs to be evaluated farther but has the potential for that big 2nd play. Now; I’m not saying VLE is going to $115/share but what if they do make something out of Thrace too?
G37