Contestants, you have 5 minutes to answer the following questions and your time starts NOW!
Q1. What is the name of the JV partner that CVI has been active with in the Longonjo and Ucua mineral play in Angola starting from mid 2006?
tick tick tick tick ...ding
A1. Petro African Energy plc.
Q2. What is the other partner in the Kwanza Basin onshore application apart from Nexoil?
A2. Petro African Energy plc.
Q3. As of the 15th January 2008, what other company shares the same office as Fortitude Minerals Services and Zebra Copper at 7 Stratton Street, London?
A3. Petro African Energy plc.
Q4. Sophie Elisabeth Davenport is the company secretary of Fortitude Mineral Services and Zebra Copper. As of the 15th January 2008, what other company has Sophie Elisabeth Davenport become company secretary of?
A4. Petro African Energy plc.
Q5. Christopher Page is a director of Fortitude Mineral Services, Zebra Copper and Newport Gold. As of the 15th January 2008, what other company has he become a director of?
A5. Petro African Energy plc.
Q6. Dale Holdings orinally held 100% of the Longonjo and Ucua Licenses. CVI issued Dale Holdings 20,000,000 shares in July 2006 for an initial 30% interest in the licenses. On the 27 December 2007, a major shareholder of Dale Holdings increased their shareholding from 0% to 100% in which company?
A6. Petro African Energy plc.
Q7. Janice Flint, dob 24/10/55, (google "janice flint" oil)who works for the Wood Group which is contracted to supply BP with engineering services (at the very least) for its offshore oil platforms is a director of which company?
A7. Dale Holdings Ltd. (gothcha ... lol)
In conclusion .... well you may as well say that CVI, Fortitude and now Petro African Energy (PAE) is a single powerful force that is getting ready to sweep all before it. Kwanza Basin Funding approval on the 14th and a change of office and directors for PAE on the 15th.
If CVI and PAE are going to be running the Kwanza oil patch together it makes sense to do it from the same office- doesn't it. But you wouldn't change office and directors until you knew the funding was approved- would ya. It shows just how much actually hung on that approval. It also shows the speed at which the company is going at in the background.
But really what it means and I think you already know the answer is that CVI, PAE and Nexoil definitely have the Kwanza Basin oil permit(s).
And from Sonangol's perspective they only have to send out a single letter of approval.
So it appears now that all the pieces are in place.
Geez I'm glad I haven't sold my shares. Can't be too long now ... better get that jet back here and attach the rocket launchers!
Cheers.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
