RE: RE: RE: RE: Upside
I'm looking forward to finding out where the other large part of the lands will end up being. I'm speculating that we may get a deal in some of the native reserve lands. I don't believe Rosetta/Newfield tied it all up.
Here's a report for all the newcomers to get you up to speed. It was co-authored by Brian Zaitlan, a legenday geologist in Canada. His maps strongly suggest VER lands are well within the oil window, with similar Ro(Vitrinite reflectance) values to that of Bowood (BWD-V) -
see page 13 of the report. Oil starts to form at an Ro value of 0.65 and up. The Kevin-Sunburst dome that you see on that page is what has created the natural fractures. It is a magmatic bulge underlying the petroleum rock. Try fracing fractures. We will see significant flow rates.
https://www.passportenergy.com/pdf/ALBERTABAKKENBMORESEARCH.pdf
Those who have done some digging may also have seen that there are historical oil samples from the Bakken taken right off of known Vecta lands. This report is in your local geological library if you are keen.
So we have a producing Rosetta/Newfield well just to the west, and have proven oil samples on VER's lands.
In my opinion, the share price has barely begun to reflect the potential here.
GL