Ann: Dorado-3 Drilling Update, page-156

Great discussion guys and gals. I'm learning all the time. What is the likelihood of a farm in for Buffalo to help fund development? Whilst CVN has raised a bucketload of cash recently there's just so much to spend it on. The CAPEX for Buffalo is US$150m and then there's Dorado and future exploration. Anyone know what a regular exploration well in Bedout costs? It's a shame they can't access debt funding. Or can they? They just need to start generating cash; then the snowball will start rolling down hill. A real chicken and egg issue. But a nice one to have. All aboard fellow adrenalin junkies. Blue sky everywhere you look.