The sale represents a profit of about $2mill to CPC or about 10c...

The sale represents a profit of about $2mill to CPC or about 10c pershare before the reconstruct.

I expect some report outlining the 7-8 well to go down starting in about 14 days,all in proven basins. I understand all locations and details are about to be released.

CPC has all the cash it needs and the wells contemplated are low risk ,expected to fow be500,000 ti 1mmcf/day in nearby pipelines.

CPC is bound to become a producer in very quick time.

Well worth a punt....