Size Begets SizeAn excellent paradigm in this sector where growth is cheaper by acquisition than by exploration and development .
With a $5 + share price and very strong free cash flows , VLE will have sufficient funded access to acquire 10,000 bpd producers , especially from Senior producers looking to jettison non core assets of which there are many...or to bid as JV partner on Auctions.
Look no further than Indonesia or Malaysia for several that may soon be available ....or diversify to Canada ..
Of course, do not forget Deep THrace ...