CVN did discover oil at PS1 @p10 of 300mmboo. FAR discovered oil @ FAN1 & SNE P50 of approximately 600mmboo,
net to FAR of approx 90mmboo on a P50 basis. Their P10 for both discoveries is in the order of 2.5Bboo.
If half is recoverable for CVN on a P10 basis then 30mmboo net to CVN. If half is recoverable to FAR on a P10 basis
then 375mmboo net to FAR. CVN needs to at least move that P10 into the P50 category. Both 2C results will reveal plenty
and I like both companies.
GLTAH
CVN did discover oil at PS1 @p10 of 300mmboo. FAR discovered oil...
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