Intelledgement, L.L.C.

Intelligent knowledge management

Man, are we ever sorry to be writing these words...great acquisition by OXY -- VPI has one of the best reserves/equity ratios in the industry...a real bargain here. Our target was $100 in a year, but with OXY buying it out, there is nothing beyond the white bread XLE ROI left here now, and so we shall take our 90% profit off the table and look for better opportunities.

One of our favorite pups is leaving The Kennel but Occidental is a good home and the VPI staff -- among the world's experts at wringing the most out of aging wells -- should be happy in their new home. Thanks to them for a great ride and we wish them all the best!