Excellent and more fodder for the reserve upgrade (Dec cutoff).
I like the statement that "the company intends to aggressively appraise the three fields". With all these targets and continued success I hope the realization that yet another drill rig is justifiable (and imo warranted).
Its impossible not to be very confident that CVN is stepping up to the next level. Latest new deals involving Indo and the NW Shelf show an increasing vigor to expand. That along with the well known SUR/Perl JVs, Warro royalty, all add to the success they continue to have in their POE JV.
Turnover has been very high and that should continue on the back of this excellent indication about the new northern discoveries.
Excellent and more fodder for the reserve upgrade (Dec cutoff)....
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