Agreed EL as anyone with logic can see divis would be an idiotic...

Agreed EL as anyone with logic can see divis would be an idiotic move. Priority for CVN is exploration, resource development and keeping up the infrastructure to the ever increasing production rate (bopd). Also looking at the sq kms (+ potential targets) on all of its Thai assets, an additional drilling rig either owned, leased or on long term contract would not be a waste of shareholders money.

In my humble opinion after these obvious priorities, any excess money would be far better off being used to buy back the excessive shares available to the general market rather than some small divi return.