I hope CVN will do things differently......rather see only one area developed at a time...
Say focus on the Phoenix south 1 area and get it into production thus get some Cash Flow going......then focus on other areas...Small Cap method...
The big companies like Apache want everywhere drilled without any production ...just a look see.....they dont have the same urgency to get cash flow....they can spend till the small cap goes broke and can be taken over cheaply...
if everything goes the way expected....its gunna cost many tens of millions to develop just one area....without drilling all four areas and going broke..
just hope Apache has the same agenda as CVN
dyor
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