Ann: Exploration and Production Update and EGM Pr, page-4

re: Ann: Exploration and Production Update an... haka: Agreed, VPE has plenty of cash at the moment. Unless, of course, they want to make a take-over bid for ITC now, when ITC is trading at such a low price level? (Then they might need some more cash - again unless they could finance the take-over mainly by script like for instance 1 VPE for 4 ITC share plus some small cash component on top). Would give VPE full control over very nice oil assets once the drilling starts again late this year. Purely speculating here, of course....
wasa