Vicpet is pleased at the exploration success encountered by both of the farmin wells, Fury-1 and Airacobra-1 and looks forward to the cased holed testing program to be carried out on the two wells in late January 2010. The farmin by Monitor and Lion into PEL 115 provided Vicpet with a no cost 33% interest through the drilling and casing of Airacobra-1 and Fury-1.
Going on the last announcement, testing has began. Anyone care to comment 'on how long testing takes'?
MHL Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
