mljet,THe directors of VPE are well aware of the value of the...

mljet,
THe directors of VPE are well aware of the value of the oil fairway.

I cannot understand your comment that VPE have taken a stake in ITC so as to still have access to some oil revenue.
They already had access to 60% of this fairway's oil before they started buying ITC. I cannot follow your logic on this point.You may have left something out as I also noted that further down you said that ITC will end up with 100% of the oil assets. I think you meant VPE.

VPE have two important assets. Their oil and CSG permits.

Thanks for your input. An interesting thread to say the least.