Wasa, There was a very small reference to M&A activity on the increase in the latest O&G Weekly. It mentioned the possibilty of VPE taking over ITC.
Also, we must be due for some CSG numbers from QGC/BG shortly. As you know BG keep a very tight lip but they are drilling in the cream of the Surat. ( The CSG value equated to $1.00 per share but admittedly that was pre Rudd )
It's great to have VPE with interests in Oil, CSG and ITC. Three strings to our BOW.
Ps VPE also has a 3 and a half percent interest in SSN which has been moving lately. The Secretary of SSN is also the Secretary of VPE...Denis Rakich.
Plenty going on with VPE. Remember it is RBS Morgan's 2nd top of the small oilers for 2010.
VPE Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held