Adrian Cook. "Thinking differently"....again., page-67

Since the thread was starting to get a bit derailed, I have done a quick collaboration of the questions.
Rather than create a Top 10, I felt it was important to respect all your thoughts and send Adrian them all.
I'm sure he will sift through and answer what he can.

1) 'if Santos delay moving forward with Dorado for a significant period, would CVN consider drilling Buffalo 10 (1 well plus sub sea equipment, if successful) to prove up the Buffalo oil for future production"?

2) Is our exploration DNA limited to investing offshore only? There are many opportunities onshore, such as the Perth Basin that could be put into production more quickly than our Dorado.

3) Can we "take advantage of the situation....(and)..get a much cheaper oil rig and possibly .. bung a hole in Apus or Buffalo

4) How do we move to production/ revenue generation as quickly as possible so that the company achieves more fair valuations..

5) Has.."the board...considered committing some of our cash to a buy back at these levels?"

6) "..the quickest way for CVN to get to cash flow might be to pick another producing company at a bargain price. In fact TEG could almost be picked up for nothing! Current m/c at .022 is only $6.73m, cash $5.15 and their investment in GAS worth about $19m, also produce 970bbl/oil day. Small fish but think of it this way make T/O at double current s/p say $12m then sell of GAS interest for $18m. If this could be pulled of you would get $5.15cash, profit on GASS sale $6m and cashflow even at current oil price of $48,500/day.

7) What is the strength of our relationship with Santos? How much influence do we have in the decision making around Dorado?

8) What do you think the price of oil will be at the end of 2020?

9) Have any companies approached us about an acquisition? (probably market sensitive so he won't be able to say)

10) Is CVN working on a strategy to snuff..(the shorts)..out?

11) AC once quoted a figure of $20m (AUD?) to run a 3D over Buffalo. Is there any value in upgrading our seismic data, or do we wait for the drill bit?

12) I would like to hear from Carnarvon a definitive statement making it very clear to THE MARKET that the company, with the collaboration of Santos, has a singular intention, and that is to become an oil producer on the NW Shelf of Australia; and as soon as it is possible to do so.

13) With the POO atm, are we looking at lease potential of a cheap FPSO? sure there will be companies bleeding cash atm trying to keep their facilities working and may be ripe for discounted pricing??

14) What are our holdings in US dollars?