I have shares in both, as el said cvn good low cost producerbut...

I have shares in both, as el said cvn good low cost producer
but has limited exposure and probably is a 4 years off really going off to diversify into other fields which will really grow sp. While OEX has exposure to some really big oil producing areas Oman, Timor sea, Indonesia and Cambray in India. The exposure in those areas and far smaller register for me means that oex could easily jump back to the $1 dollar plus. But that is really dependent on going into production this year like they have said. The management of oex is equal to that of cvn and thats saying something and at these prices I really think money will be made on oex as like wise with cvn. The best thing about oex is it can gap up really quick as there is about 3/4 less fpo available and 70% is tied up with top 20 holders but all in if your risk adverse cvn is a fair better buy.


Hey EL KAR are lookinfg got to $3.70 the other the rig handover on the 18th 9tcf will make me happy and $20 a share lol.