Ann: Preliminary Final Report , page-6

Expect the result for this 2nd well(completed ,Im sure,a week or so back) in the next 5 to 15 days,along with at least another result.
Struth- we only need ONE 1000bopd result to take CVNs BOPD from about 1200 to 1600. Imagine 2 good results.
5. Note all the detail about S drilling (thats shallow S drilling,not deep S drilling-see later) and the emphasis on drilling lots of (shallow) S wells in easy terrain.
6. Phoenix. Now listed at number 3. Note the 78m barrels of oil in the ground that make up CVNs Reserves and the barrels-of -oil equivalent accorded CNNs 50 % of Phoenix. The latter starts of at an unrisked 987 boe and after having the crap discounted out of it it still finishes up at 170boe of oil considered as recoverable. Thats about 2.5 times current reserves.Run that alongside "exciting asset" )Phoenix) and "(it) created particular excitement in the team.." and with "..high level of interest in the asset.." and ".. value may occur sooner than planned.." and the SP could conceivably get some benefit.