ARHT Media Inc V.ART.H

RE: QUIET

[Baxter4]

From the last NR:

 

Vast and its partners under the PSC are currently exploring various options with regard to the Qara Dagh Block including potential farm-out and joint venture type transactions.

 

My guess is someone like Exxon-Mobil, Total or Genel will be paying for drilling the next hole in return for 40% to 60% of Vasts current 25%. Even if vast is left with only 10% of the block when done, a successful well could still bring the share price up to $1. Another iffy well like the last one and we will all be dreaming of the good old days when Vast was way up at 6 cents.