Ann: CVN Corporate and Operational Update , page-15

the Ta Chana prospect is the key here I think .

IMO they should put a rush on this and buying into other leases as the operator while we have money in the bank.

To realize some value to shareholders as soon as possible it's clear we need some control over the companies future.

This waiting around while a big cap waits you out isn't doing much for us.

And frankly this is where this company has failed to take off from a sp point of view, management at no time ,this or the previous management, has shown the required endevour to get this company to the next level of independent producer.

In charge of it's own future.

It's stayed stuck in the got to rely on others level.

No future in this and sp is the result.

IMO time for management to put together a plan to get us to independent producer.