Clarets boss Stan Ternent wants to keep match-winner Gareth Taylor at Turf Moor.
Taylor fired Burnley to a superb victory at Vicarage Road last night with his first goal since joining the club on loan from Manchester City.
The initial month of that deal ends after Saturday's trip to Sheffield Wednesday but Ternent confirmed that he will be bidding to prolong the striker's stay.
He said: "I will be looking to extend that. I'll be having a chat to Joe and we'll see where we're up to. I'll have a chat to Gareth as well.
"He's done very well for us since he came. I need to have a chat with him first but my view is that he has been good for us and I would like him to stay for another month perhaps, and maybe until the end of the season."
Taylor has helped the Clarets to three wins in his first five games at Burnley and an extended loan, which could lead to more when the player's Maine Road contract expries in the summer, would appear to suit both parties.
After sinking Watford with a 73rd-minute winner, the former Crystal Palace and Sheffield United front man revealed: "Like I've said all along I've been grateful to the gaffer for giving me a chance here and I've really enjoyed it. They're a a great set of lads and yes, I would love to stay."
Ternent has made no secret of his desire to increase Burnley's strikepower and Taylor fits the bill as a mobile target man.
And the Burnley boss has also been linked with a possible £500,000 move for Bradford City's nippy little forward Robbie Blake.
The Premiership strugglers are listening to offers for certain players as they rebuild for next season and Blake has reportedly been a target for the Clarets in the past.
However, Bantams boss Jim Jefferies has said that Blake is part of his plans after the former Darlington man returned to the fold after a loan spell at Nottingham Forest and it could take a decent bid to prise him away from Valley Parade following Dean Windass's recent departure.
Burnley last night produced their best away performance since the turn of the year to secure an impressive first success on the road since the end of October.
The win lifts them back to tenth place, seven points out of the play-off zone with games in hand.
Ternent refuses to get carried away about the prospects of making a late run to sneak into the top six.
But he admitted that it's now officially mission accomplished regarding staying in Division One.
"I feel that I could now state categorically that we will maintain a First Division status, which is what we set out to do and all credit to the players," he said.
"We've got 11 games to play but every time I start talking about the play-offs we seem to lose, so we'll just go ahead and see where it takes us.
"We've left ourselves with a lot to do because we had a duck in the middle of the season and didn't pick up as many points as perhaps we should have.
"But the main objective was to maintain a First Division status. A lot of people say it's a negative thought but it isn't because of the budget I work with, because of the chairman I've got, who's top draw, and the board of directors, Burnley Football Club has come has come a long way and we're not in the same league, financially, as a lot of clubs so it's all credit to the players.
"We're delighted that at this time, at worst, next season we're going to be playing First Division football."
Burnley have had their problems since Christmas but last night's win prolongs the interest in their season and to have something to play for at the right end of the table during the run-in represents a fine effort following last season's promotion.
"I thought we would do it," Ternent added. "I didn't know when or where but I was very confident with the quality of player I've got and the will and desire that we would.
"We've done it in three-quarters of the season so that's very good. And if I could have added one or two bits of pieces as we went (we might have done even more). But unfortunately I haven't been able to do that for various reasons, not least of which is the transfer market and speculation which way up it's going to be."
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