CVI 0.00% 0.3¢ cvi energy corporation limited

cameroon, page-38

  1. 2,455 Posts.

    Chalea, Humm

    IMHO.

    If "we" as in the Joint Venture with Nexoil, Falcon, and others are granted onshore leases, then I would suspect considering the level of the companies involved that drilling approvals wouldn't take too long to be granted.

    From spud to production in probably less than 6 months on a pre-producing field, Others may disagree on the comissioning of rigs etc, but the connections that Falcon/Nexoil have would take care of that imo.

    As you know we still have the $100m drawdown facility waiting outside Pensador for this to happen. Of course it was all stalled by the government pending the elections in September so we have to wait like everyone else.

    Maybe the shareholders might begin to see the true potential of our multi faceted company by then.


    Oh ENI, Huge, Elephant status I "herd" somewhere.



    Fingers XXX



    Cheers.


 
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