here i be. yes T4P was saying he thought any further onshore blocks would go into pensador but i am still not convinced. Not everything went into pensador. Fortitude, cameroon interests and 10% of the diamond income stays with CVI so there is nothing that is known to us punters that defines what must go into pensador. As the offshore blocks are in pensador and our exposure to those blocks is through part ownership of falcon it is therefore implied that it is actually CVI's share of falcon that is in pensador. Logically following on from that any onshore blocks that Falcon acquires would also be under the Pensador umberella.
But my point the other day was what about the other 3 local JV partnerships CVI has going. CVI has been working towards a JV onshore acquistion with nexoil for a long time and i can't see why that can't be under CVI's direct control.
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here i be. yes T4P was saying he thought any further onshore...
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