Ann: Thailand L20/50 Project Update , page-6

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  1. 2,163 Posts.
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    Wishlist.I goofed.
    Truth is that I havent spent much time reading up on L20/50,reserving this morsel for a future dessert(if indeed it turns out to be a morsel) while the rig thumps away in L44 (which I actually know something about)and L33 (which I see as the northern extension of Wichian Buri)-both hold my interest because those sandstones continue to be what I want to see developed,or put to bed for another 5 years.
    I want to see CVN become a belt and braces company- a sandstone driller and a driller of volcanics with 2 "divisions"that can work alongside each other,each helping the other regime whenever one "division" puts a drill into the land.
    I hadnt ,to be truthful,taken a huge amount of (detailed)interest in L20/50 until the latest announcement and I still havent! I presumed that they would have 3D and be well prepared for success,as is the hallmark of the partners in everything they do. For me L20/50 appears to be a marvellous punt,with historical connections to Siriket(which comparison also excites me).
    I promise to shut up about L20/50 and get back to the knitting- L44 and L33 . I wont get too involved with L20/50 until it starts drilling but I wont complain if the punters out there start getting excited about L20/50 as if there is anything CVN needs to break the price deadlock its to have a spotlight put on it.Cheers
    P.S. Tuatara was a punt that,in my view, pales into insignificance compared to L20/50. Must have been some Kiwi salesman who drifted into town when the board had just had a long lunch and grabbed their attention. Offshore (shallow water drilling)off the NZ coast.....hmmmmmm.I think I like L20/50s chances better.
 
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