VPE 0.00% 41.5¢ victoria petroleum nl

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  1. tui
    6,074 Posts.
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    Stezz, What do make of the news that BG are not going to proceed with their CSG powered electricity station?

    I think BG are way short of their CSG target and are still urgently looking to aquire more to meet their signed contracted demands to supply the Singapore LNG Hub.

    Which has got to be positively brilliant news for holders of VPE, BOW and other CSG stocks. There are some very clever guys on the VPE register now. I would not be selling. But I do agree the market will be under pressure for a while. BG are in this for the long haul and need to secure more gas.
 
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