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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Cal Gary who wrote (17129)3/31/2011 2:14:26 PM
From: architect*  Read Replies (2) | Respond to of 24921
 
The next milestones from CEN's March 22 press. Some institution probably knows something or thinks they know something.

1) Coastal plans to perforate and test the Eocene in the Bua Ban North A-02 well once suitable testing facilities are installed.
2) Bua Ban North A-04 well was spudded and will test the Miocene interval.
3) A step-out of the Upper Oligocene discovery from the A-01 well.

CEN will report Q4 2010 financials soon. Not new news, but due to facilities upgrades the Songkhla oil field production was off-line for some of Q4 2010. So for analyst guiding 12k boepd for the full Q4, there may be some disappointment in the Q4 revenue.

Currently CEN is a cash cow, and I like that - with ~ 13k boepd based on Brent(ish) oil pricing,