CVN - Could BPT be a Suitor?, page-42

i'm with lordy on this one.

i'll hold onto CVN as a producer, but not as an explorer... i feel those days are nearing their end anyways.
we've been drilling these permits since 2014 and there's still 4-5 yrs to go to first oil... not sure i'd be interested in seeing the next discovery through to production after another decade plus.

ideally, there's a predator out there who's looking for a de-risked cash cow.
they wait for us to drill buffalo, apus, pavo... and if they prove commercial, buffalo provides low capex cashflow to fund the heavier dorado and sisters development.
somewhere between now and then said predator swoops and takes the lot... for feathers' $1.40... and maybe even more depending on the dorado sisters early next year.