re: Ann: CVN Corporate Presentation - 17th As... A bit of a rehash, a couple of key question/cpmments.
Phoenix prospects, what type of was intersected by BP? Dunes, tidal flats, blanket or channel systems. Has the 3D seismic shown gas effects and can you see differences in the seismic response between Phoenix 1 and 2, so able to predict possible better sandstone development?
WA 399 is a distraction and should be sold, given away. No material return here!!
L20/50 Looks good and needs investigation and drilling on valid seismic defined prospects.
Likewise L52/50 and L53/50 is also interesting
Little info about current production issues??
Bottom line worth watching, and a small buy
Ann: CVN Corporate Presentation - 17th Asia Oil W, page-2
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