Ann: CVN's September 2010 Quarterly Report , page-16

re: Ann: CVN's September 2010 Quarterly R... Wasa,
Anything in Thailand will have to be a huge find as they'll have to share it with a partner and the more they sell the more tax they'll pay.
With regard to the tax situation, even if they find a huge find they'll throttle it back so as not to pay to much tax.

Say 16000 bpd to pay 30% tax no more, these figures from top of head please do own research.

This will be a drag on sp.

I'd much prefer they were using cash from Thailand to farm into the Aussie leases we are currently in.

Get say 90% of these threw to production.

I think much better for shareholders.

DYOR.