Ann: Investor Presentation, page-53

It seems to me despite all the gloom and doom around the oil/gas sector the "smart money" appears positive. Following Buffet's recent move we see overnight that Chevron has bid $5Billion for noble energy. As my previous post BP going ahead it Ironbark is a big positive for the NWS. CUE Energy is now up 110%since late March. A positive announcement from CVN on a farm in agreement could quite easily see a similar move up in CVN share price. At some point an announcement will come out of the blue, before the announcement watch out for increased volume and price going up for no reason. Exactly the same thing happened with CUE, its called inside information.