hi allanh- Your figures are pretty much in line with what one or...

hi allanh- Your figures are pretty much in line with what one or 2 posters have been putting up for the partners. A raw(60:40) comparison between the 2 companies remains pretty much fair,IMO,which was the situation several months ago when I posted on this topic. To recap : Sawn Lake represented about 30 and as much as 40% of poes M.C. when it was all the rage. Now it represents about 5% and needs an oil price way above $100 to become a profitable project. Poe also copped it with their first Indonesian wells-bummers which cost it quite heavily. Im not up with any success in subsequent wells,if their great white hope has bombed or not.So a 60:40 comparison is fair(allowing no value to CVN for its non-Thai assets) ,IMO. The Canadians have certainly beaten POE down and they seem to be shellshocked,still,whereas the mood in oz is one of recovery for quality oilers. Cheers