ann out: bg bought nto cvn, page-8

I am not so sure they would have to release flow tests of development wells immediately after completion. And I wouldn't rely on the quarterly to tell you the status of them (J1 and J2) as it reports up till June 30. I certainly wouldn't be getting into paranoia about them.

It would be nice not to have a drop in production but has to be expected with reserves increases and exploration being a sensible focus while POO is low (and it was very low before the start of the quarter).

Everyone new the $38M tax was payable this quarter so the drop in cash holdings shouldn't be a surprise (CVN stated it several times in recent anns). They are funded from operations and not burning their cash reserves.