Dave ..Our Cash flow also increases and VPE pay 60 %/
The prob is for Greg to control JK's drill here there or any where. We a minority share holder in JV unfortunately.
GS your last sentence you suggest
a read of.
“The Permian acquisition is a very positive addition for Vicpet as it increases Vicpet’s net
reserves and operating cash flow and increases Vicpet’s future potential upside to further
exploration, appraisal and development success’s in the Western Margin Oil Project
permits.
VICTORIA PETROLEUM N.L. A.B.N 50 008 942 827
Incorporated in Western Australia
2
“Increasing Vicpet’s interest in these highly prospective Western Margin Oil Project permits
and oil fields enhances and reaffirms the dual core focus of Vicpet - oil exploration,
development and production in the Cooper Basin with immediate significant cash flow from
increased production ..247
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