As a shareholder of both ITC and VPE and a regular reader of this forum, I am puzzled by one thing.
If ITC are the wonderdog of oil finding and management and now have a positive cash flow - why are they not stepping out and picking up new acreage and deals? They could step in as operator of these new blocks and take the company where it wants to go without VPE.
There is a government gazattal of similar acreage to the Growler blocks up for tender this month. Will the wonderdogs step up and bid for these blocks as operator? Or is it easier to criticize than to create?
As a shareholder of both ITC and VPE and a regular reader of...
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