A Trading and Operations Update out today (15th july) from...

A Trading and Operations Update out today (15th july) from Premier has a couple of brief comments about Ca Rong Do that PPP now has a definite 5% stake in finally.

Vietnam CRD Appraisal* Q4 2010 / Q1 2011 30.00 10-60-90

The 10-60-90 figures refer to :-
"Reserves range (mmboe, gross, low-mid-high)"

That detail comes from a chart of various activites that premier has planned or on the go.
The other comment made about Ca Rong Do (CRD) is :-
"The C Rong o discovery in Block 07/03 is planned to be appraised at the latest in the first quarter of 2011, subject to rig availability."

So that sounds as though they want to test the discovery further.

I think from a previous report it was also indicated that there is a seismic survey to be conducted in the Block 07/03 in the last quarter of 2010.