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2009 Drilling Activity
posted on
Oct 07, 2009 01:31PM
Although we won't know what VIT's drilling plans are for 2010 until at least the end of this year and possibly not until Jan/Feb 2010, the question is what are VIT's plans for drilling between now and the end of the year.
According to Chad, we will be drilling at Santa Fe, Eagle, and other properties too. I was surprised to here we would be doing additional drilling this year at Santa Fe. It was previously reported that VIT had satisfied its $ requirements for 2009 in meeting its lease agreements. I was incorrect in assuming that additional drilling at Santa Fe would not be done this year.
Bottom line: VIT is still active with drilling activity this year so investors can still speculate as to additional drilling results over the next few months.
