ASX Ann: Letter to Shareholders
CVN today has stated that its still confident of meeting the 3,000 bl per day target by end Dec 2012.
CVN also stated drilling is expected at Phoenix South late 2013 with Atwell Eagle rig.
It also mentions positve cashflows from Thai production.
Thanks to CVN for the update.
CVN is up 5% today.
Please note I've moved this post to the proper subject heading.
The share price is up 7% now and likes the ann.
Ann: Letter to Shareholders , page-3
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