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Message: CGX presentation

Not sure if any of you looked at the CGX presentation on their website from early Dec but there are some interesting notes such as:

-CGX is looking for JV partners and this will reduce CGX's percentage in both Jaguar and Eagle-1 (slide 12).

-CGX identified their 6 prospects - Jag-1, Eagle-shallow, Eagle-deep, Wishbone, Crabwood and Kabukali - the last two of which are Albian plays and seem very close to Inpex's target (slide 10).

-I am unclear why Eagle shallow and deep are separated because on their diagrams, their almost overlie each other (slide 8). It would seem odd that they would drill them at different times. It states they need 120mil for deep so maybe that is why.

-the presentation is here: http://www.cgxenergy.ca/documents/CGXPresentation-Dec2011.pdf

Any thoughts?

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