afawcett,
Its the reason why I have not sold any CVN shares, despite it falling back from a high of 69 cents.
My only reservation is that the structure is in an updip location, so the whole structure (IMHO) won't be charged - maybe 2/3 rd to 3/4 qtr will be oil charged and the rest will be water pushing up against the hydrocarbons.
Nevertheless, it is still a very big structure.
Did you see the interview Adrian did today regarding structures near Dorado?
Ann: TDO: WA/527- P Update (Amended), page-31
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