ITC impress energy limited
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Just looking at VPE;s quarterly and it shows the oil flows for...

  1. guttedsquid
    5,933 Posts.
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    29/01/09
    20:30
    Post #: 4740400
    Just looking at VPE;s quarterly and it shows the oil flows for the field. Due to testing etc there would have been down times. The avearage was only 730 odd bopd.

    I concur Entropylord that it only shows cash receipts and not gross sales. Their mid year report will show gross sales.

    I am not sure what the lag time for getting their money is. I know in the US it can be up to 6 months. I know it isn;t that much here but there is a lag.
    ITC Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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