excitement huge upside potential

So what is all the excitement about? Well, for the uninitiated I have tried to break it all down.

Petchuban Basin – Thailand

1.Types 1 source rocks – very rare but known to be highly prolific in oil generation.

2.CVN have 8000 sq km of exploration leases – virtually the entire basin.

3.New oil producing structure (fractured volcanics) never tested in Thailand until now.

4.Approx only 2% of leases ever explored.

5.Production capacity over 10,000bopd with 90% from fractured volcanics in one field Na Sanun East.

6.4 Further fields to test fractured volcanics in next 6 months with the two largest Whichian Buri and Bo Rang within next two months. WB target zone over 200 meters of volcanics – currently drilling.

7.Fractured volcanics prolific in basin.
8.Carnarvon hold 40%.

What’s not to get excited about??? Huge upside potential!!!