Without wanting to get jumped on I find some thing still puzzling. Such as:
Why didn't MS mention block 33. If CVI acquire 40% of Falcon then they get 4% of block 33. Exploration work on Block 33 is finished. Decisions are being made about whether to call it a failure or try to develop two marginal finds. I think I answered my own question. Maybe it will be considered a failure and written off by falcon first. If not then more money is needed by CVI.
I also want to see more about the refinery. That was too easy.
Onshore- nothing really new to convince me to get back in. They were the likely blocks. I even said 5 an 6 likely but 2 and 4 would be heaven. Nothing confirmed yet by CVI. They are still looking.
Cameroon is dead? Including bakassi? Genuine comments from me guys.
CVI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held