ITC impress energy limited

I hear you Nicto.The reason for the averages is the split...

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    I hear you Nicto.

    The reason for the averages is the split field.

    As it stands the Wilpinnie field is 20%ITC 20% VPE and 10% RPM with STO and others the rest.

    STO have a buy back clause into our permit - thats the 5mil i eluded to. At present the Tomcat block is the same as all the other permits that is 20% until STO take their option. They will take the option if it flows 500BOPD I would think. There is a release of this option earlier in the year.

    Its all looking good.
 
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