GREY:VNLEF - Post by User
Post by
thebakeron Jan 11, 2012 11:31am
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Post# 19391432
One Well - 2012
One Well - 2012 Vanoil has received an extension in their exploration permit, but they are required to drill one well in 2012.
This is good news. Drilling is costly, but if we want anything to become of this stock, we have to
pay the price. By using the seismic surveys already conducted, hopefully they can be succesful in
finding oil with that well. The only way to move from potential, to actually having something, is to
drill a well.