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xxxheroxx - Fri, 29 Dec 06 :

Yep definatly expecting news next week. Further to what I have put I had an informal chat with Kevin Foo in relation to well 105 and he stated that this well can be a company maker for VOG. He said the odds were something like 29.9% chance of being commercial and that this is the highest percentage chance for any well. So it sounds quite promising.

He seemed pretty confident that gas will come up from well 103 and didnt seem to have any concerns. (Just a case of for how long) (IMHO I think he just does not want to give any false hopes and they want to deliver some results)

I stated to him that initially before drilling the odds of being commercial was 20 something percent chance and if that would have changed and gone in our favour as a result of the stage we are at with the well. On the balance of probability he said it was about 50/50 chance that it would be commercial.



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