Ann: Thailand L20/50 Project Update , page-2

Love it!
Love the confidence in the Ann.
Love the proximty of L20/50 to the renowned Sirikit field and with the prospects/field being "on fault" with Sirikit.
Love the fact that they are going to be going to be going for a "classic" SANDSTONE formation-a LAYER of potential oil-bearing ground.(Blind Freddy could find oil,if its there,in the proverbial snowstorm, in most sandstone situations based on how "easy" it has been to find the E,F,and G layers at Wichian Buri(the trick is to drill in the right place to get deliverabilty.Love the partners past history of not getting the well target quite right,then confidently having a 2nd go and then,usually,"bingo"
Love the "seismic" feel (the obviously excellent 3 D seismic the partners have).
Love the 80mmbl (tops) potential (and the probabilty of a favourable view being taken by a few oil punters out there).
Love the prospect of waking CVN followers out of their "5 steps forward,3 steps back,just wait till the production licence comes thru and we,ll be away" stupor.
Love CVN as a long term investment that doesnt give you sleepless nights,unless you let it.