Ann: Changes to Non-Executive Directors, page-33

There's not much history to go on but CVN has been an explorer and developer (Thailand). As someone here has said CVN will be taken over or development interests sold well before first oil. Apparently these things happen after FID. FID not likely to happen any time soon. I like to believe STO as lead partner will take control and CVN tag along for the ride. But that's not happening soon so I guess we'll just have to do some drilling. But again that depends on STO and the Scot aint in a rush being up to his armpits with Pikka and Barossa developments - 2 great developments that the market has not truly grasped. STO will increase production by around 30% even without Dorado etc. Nice problems to have.