Ann: Company Insight - New operator, new approach, page-2

re: Ann: Company Insight - New operator, new ... For any watcher who rates the existing oil discoveries in the 3 Thai licences as still CVNs major asset( and by a huge margin) this report/interview is good reading.
There is little doubt that:
*CVN management are happy(maybe even very happy)with their new partners apparent technical credentials...
and the game plan ,so far at least, for resurrecting the discovered fields in the 3 licences.
*The game plan focusses on getting the discovered oil out of the ground rather than finding more oil that is presently undiscovered.
*The early results from the S drilling in WBext (started 25/7) are up to expectations and in isolation and without reference to other factors that affect the result are likely to improve production as early as the current(30/9) quarter.
I expect ,based on this report and having watched the partners drill the Wichian Buri sandstones as far back as 10 years ago,to see the WBext sandstones mirror the WB results,starting about now. The WB sandstone HCB layers continue next door into the WBext licence.
WB has a bread and butter F layer at about 575m to 600m that is about 30m thick and a deeper G layer about 10- to 15m thick from which no oil has yet been produced.
WBext has the same F layer as WB but it is at a shallower depth(the HCB layers slope upwards as they enter WBext) and it is about 50m thick.Plus a G layer that is about 25-30m thick.Plus an apparent E HCB layer that has shown promise in initial drilling a while back(2010).