Has run hard this past quarter, so maybe taking a breather.
Gotta love the activity though and the way it is being managed. Lots of news every week in Phase 1 and lots of newsflow to come in Phase 2 with 20 holes scheduled to drill starting December.
Struck oil in every Phase 1 hole so far, 2 targets have been added to the Phase 1 campaign and 2 existing production wells were worked over substantially increasing flow.
CVN management are obviously quite experienced but I have also read some good stuff about the Canadian JV partner, PAN Orient. Top notch team apparently.
Feel comfortable parking some dough here, feel confident in the management and am looking forward to the weekly reports.
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