yes this is the cvn thread but SRL talk in thai is just as relevant here as in a cvn thread...see the announce below
THERE IS A VERY GOOD CHANCE THAT AN OIL FLOW COULD BE POSSIBLE WITHIN THE NEXT 4-8 WEEKS IF CVN (THE OPERATOR) DECIDE TO GO THRU WITH THIS OLD WELL...
SUN RESOURCES NL
ABN 69 009 196 810
(INCORPORATED IN WESTERN AUSTRALIA)
Monday, 7 January 2008
ASX Announcements
Australian Stock Exchange
Level 4, 20 Bridge Street
SYDNEY, NSW 2000
RE: L20/50 ONSHORE BLOCK THAILAND - AWARD
The L20/50 block has been very lightly explored with the last effort in a time of low oil
prices in the early 1980s. There is the possibility of near term cash flow from a re-drill or
work over of an old shut in well in the block. This well was not brought on production at the
then time of prevailing low oil prices because it required artificial lift to bring the oil to
surface and this higher cost production methodology was not considered by the operator.
So b4 evryone tries to tell u that it may be a year or more b4 anything fruitfull comes from this JV...u should read ALL the JV announces...best of luck to all with this JV
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