will get belted tomorrow.., page-3

1. POEs SP finished up 1%.
Indonesia is where their SP has been taking a battering recently and despite problems there,and not much success so far,POE (that means Jeff) continues to be bullish .
2. I make the production figures (POE has given sales figures but there is little difference between the 2) 1030 bopd average for CVN for the HY to 30/6 and 1114 bopd for July alone.
CVNs "modest productions gains likely" is about right and the V situation is not boosting production at the moment. My focus will continue to be on the S revival,with Phoenix coming up on the radar fast. However harshly you discount 750 BOE (barrels of oil equivalent) back to a PDV(present day value) Phoenix looks good for a company the size of CVN.And I have used a figure of only 10T (10 trillion cubic feet of gas) in my guestimate. AND Phoenix is fast becoming a "liquifiable" asset for CVN, with little downside risk.