A rig is booked Roc -1 well. The key exploration event for CVN in 2015.
"The Roc prospect is the next major geological structure along the spill chain from Phoenix South, and is consequently expected to be similarly oil charged".
"So while our short term focus is on validating, and hopefully replicating, the Phoenix South-1 well results, our longer term focus is on planning our future exploration activities".
Divestment of remaining Thailand Assets on or before 16 Feb 2015.
Reads well to me.They are on track & well funded.
2015 will be the year that defines CVN.
Quarterly Highlights
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