inore/thewednesday/others: thewednesday, you are correct that this CVN ann. is fully in line with the previously mentioned drilling start for CVN/SUR in the second half of 2010. The only negative that I can detect is that they (CVN) are down to ONE rig instead of two - but they do mention that this ONE rig is more effective than the previous two ?! So, all looking good in my view....
inore: I do not think that SUR's sp has really gone down that much (whilst a lot of other oil stocks did retreat a lot).
I am happy to hold SUR for the second half of 2010. Patience required, however. Comments welcome as usual.
wasa
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