hi guys
firstly...
yes CVN have been a dog in the past, and currently have many problems unsolved..
but wait...
they are currently taking court action against TIGER PETROLEUM re:Wichian Buri Oilfield.
in which CVN have a 40% interest..
possible 10mmbls
YES they are having problems with oil recovery.
so whats the good news here...
if CVN win this court battle (good chance) then things change dramatically, new game new rules.
if they don't win we still have a glimmer of hope..
what you should consider is..
who is moving in from the sidelines..(giving helping hand)
and has plenty of experience..
we have seen some board changes, and we'll see a few more changes.
major shareholder PETROLEUM VENTURES
who is a director of the above..????
apart from a few people DAVID WHITBY is a director..
he's not on the board, he is just a shareholder like anyone else.
the only difference is, his experience in the oil/gas game.
could PETROLEUM VENTURES point CVN in the right direction..????
imo i think they are starting too play a roll..
should be an interesting 12months..
regards
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