excellent oil shows in latest nsa horizontal w, page-7

Hi Bello,

It wasn't the well that pushed the price up today, it was me selling 10% yesterday at 37. Finally ran out of patience, but lol will sell no more for now.

Looks like the market will react very favourably to any success, and a nothing better than a drilling campaign, rather than a single well which so often dissapoints. What we need is demonstrated cashflow surplus, like CVN has achieved.

I liked the upbeat announcement, and the reaffirmation about production budget.

EL