Ann: Thailand Drilling Update, page-4

That's a good announcement.
Loyz trumpeted to the world that the price paid for the 1st 10% contained an expectation by them that 5000 bopd would be reached by "December"(no date in December was included).
CVNs progress reports on daily Thai production were,ostensibly,lagging the apparent target of the 2 parties,suggesting some reliance on the last few drills in the current drilling campaign to get CVN over the line.
It looks like they will get there,or if they fall short it wont be by much.
Nearly attaining this December target is very good news for both the 5000 target and for any later benchmark targets that might,if not attained,cause a clawback by LOYZ of the price we eventually get for the 2nd 10%.
Further,the value of our last 20% is underscored and its saleability assisted by todays announcement.
Well done Towngas,and CVN. But you both probably expected the current results.