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Strategies & Market Trends : Ride the Tiger with CD

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To: ralfph who wrote (310663)7/31/2025 11:48:08 AM
From: 31Floors  Read Replies (1) of 312712
 
What I like about the VLE deal is that they pay for participation in drilling on the leases. They aren't acquiring an asset for big bucks or even small bucks. The assets aren't in the middle of of an empty ocean, they are near some of VLE's current operations and available infrastructure. They will still have a big kitty to do serious damage (good)
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