JonnygYou make a fair point re VPE management who have yet to...

Jonnyg
You make a fair point re VPE management who have yet to gain the respect of the market.
This I believe has VPE assets/sp trading at a discount to its peers.

However the bad management argument is starting to wear a bit thin when one looks at the postion VPE is now in, ie cashed up, loads of free carry expltn drilling, 300bopd production.

Anyway, its up to the drill bit for the next few months where a trading strategy is arguably more important than a belief in management.