RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New board memberThere are a lot of similarities, Ipco is half the size of VET but more heavily concentrated on heavy crudes in Canada. Shares crude with VET in France . Also has some Malaysian production.
Perhaps a good fit because IPCO has very large contingent reserves. One thing though is that Ipco has huge financing possibilities as part of the Lundin Group. Maybe they should merge with Vet so as to retain the financing capability. Really a necessity if ever the large land position of VET fot nat gas in Europe or for Ipco for heavy crude in Canada is to be developed !!