Ann: Placement, development programme and reserve, page-14

re: Ann: VPE: Placement, development programm... Sandy, I was thinking something similar, QGC/BG want VPE's shared CSG wells, while VPE seem to interested more in oil and ITC. Might be an opportune time for BG to cash up VPE by taking the gas off their hands. This would let VPE have a real go for ITC which was always on the cards. BG would be happy, as would VPE and I wouldn't complain if the bid increases either. Only one loser.
Beach caught them off guard but plenty of time for some wheeling and dealing.