agm

Well that was a killer AGM.
Thailand looks soooo good, i am really excited about BO RANG, and so is ted by the sounds of it.
Bo Rang being drilled Jan/Feb 08 so watch the box.

I asked a question in relation to operations in the Carnarvon basin, he didnt give too much away. I spoke to the exploration manager from Rialto (who CVN are in JV with in carnarvon basin) who sounded very excited and also held shares in CVN. So possibly the companys interests in WA have gone under the radar with all the Thailand activity.

I also asked a question in relation to the timing of L20/50, Ted said that a well will need to be drilled within the first 4 years, but didnt really give any specific timing.

Some other interesting questions asked was the transport issue, which is being looked at as we speak, Ted said they they will be at the full 6000 bopd by year end.

At least 20 wells will be drilled next year.

Drills will have some down time Q2 2008 due to much needed repairs and maintenance.

OPEX of $6/ bbl includes transport costs, which is extremely low.

Ted said they have other plays that are exciting that they cant talk about yet.

Very good presentation.