All round excellent Q report.
Of great interest:
Page 1: The company has been assessing opportunities on the NW Shelf with the goal of introducing at least one new project into the business in the "near future".
Page 6: In discussing the Cerberus Blocks-----(truncated): Investment case appears overwhelming given shallow water of only 50m, shallow oil targets of 500m to 3,000m, allowing multiple options due to shallow water and "PROXIMITY TO SHORE AND PRODUCTION INFRASTRUCTURE."
CVN own this permit 100% and therefore given the current interpretation presents CVN with a great opportunity, but selection of a JV partner will be all important given the implied production possibilities. (IMHO)
Ann: Quarterly Report December 2015, page-14
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