My Post of Impress to Impress contained a fair bit of facts.1....

My Post of Impress to Impress contained a fair bit of facts.
1. was a workover rig was to complete snatcher one.
Its also contained in the quarter report.
2. Snatcher 2 has been held up because of technical difficulties. That is because of ground instability...water. The rig owners have the right to request ground stability before setup.
3. It appears to me that VPE has now become very conservative. A 1/8 of a inch increase in the choke for a increase in production re Growler. ??? Thats in the quarter report.
Not a very aggressive stance.
3. Eddie has got a ok re health probs and is to be back with less mental pressure on him. Dunno how he will manage that with the operator we share holders in ITC have.
4.It took the operator over 6 months to increase production by 25 percent all by increasing the choke by one eighth of a inch. Cannot believe it but.. and when Snatcher flows I do not expect VPE will get a continuous production for cash flow for another 2 or 3 months.
Beach would have opened the tap and had production tanks installed in less than 6o days I believe. We have to live with it . The oil will flow but in a very conservative manner. I hold 2m in shares now and believe itc is a good story but it could have been bomb ..Great. Longer term than I thought But it will be.
The quarter cash flow is close to my previous post of Basics. 247