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Vanoil Energy Ltd VNLEF

Vanoil Energy Ltd is a Canada based company engaged in the acquisition, exploration, and development of crude oil and natural gas properties in Kenya and Seychelles. It holds interests in two onshore blocks, 3A and 3B, in Eastern Kenya. It also holds interests in Areas A and B located in Seychelles.


GREY:VNLEF - Post by User

Bullboard Posts
Comment by Santanj2950on Aug 07, 2013 10:27pm
216 Views
Post# 21655762

RE:looked at the web site and news releases

RE:looked at the web site and news releasesThe release says they commenced drilling operations prior to July 31st thus satisfying the psc. I take that as they have been drilling. My question is what defines a material event. Is spudding or even finding oil prior to a valid DST a material event requiring a nr? Apparently not but then why this update. Very strange. 
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