According to VOIL Twitter: "Great News from the Fifth Judicial District Court in Iron County, State of Utah. Ruling in favor of Virtus."
Some of you that have been here since Lone Pine drilling remember the crazy lawsuits that Energy Drilling had against Virtus. Then we remember how Energy Drilling filed for Bankruptcy and eventually the Judge tossed their Counsel and appointed a Trustee to manage the assets and affairs.
IMO This is huge news and related to Energy Drilling so now the company can move forward from the major assets into the company. So lower price has to be in the rear view mirror.[
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