When a take over occurs it takes quite some time to settle. Once it has settled and companies such as BG work out whom is good and bad and then they decide on whom they want. BG pay well, they have some brilliant programs and international. A worker there would be silly to leave, if you talk to most >95% they would not. Why would a particular group leave to create a branch of CSG for VPE? Why leave a place that you have built from ground up?
There is value in the ATPs and PLs, no doubt. The people whom have come over know exactly how much reserves exist in these blocks, hell they accquired them when they where at QGC.
I cant elaborate to much, what I can say is that I have been learning for a long time, what I have learnt is that just because someone has been doing somethig for a long time doesnt mean they are good at it.
VPE Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held