The remaining onshore Kwanza Basin blocks are being reserved for Angolan companies. CityView will gain access to the blocks through the agreements it has negotiated with its Angolan co-venturers. CityView will also be actively involved in determining which blocks to focus on for acquisition.
Does this mean the blocks have been offered to our partners, and it is a matter of waiting for them to sign off/decide/negotiate?
A bit vague, and the detail could make a bit of difference, anyone else got a spin on this??
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
