Rebels

CLL has not even started thinking about pod 3. They instead to reach 2015 production targets of 50,000boe/d opted to incread pode 1 and Agar to 44, 000 plus the conventional production. I think this path is cheaper and smarter. I still think if they find the cash should use it to explore more light oil, if pod 1 and algar and light oil production reaches 60,000boe/d in 2014 then we are laughing.

Also they can decrease dilution by reverse splitting common shares and if they have cash instead of buyign back shares, they should buy the bonds back. Makes no sense to buy equity instead of debt.

Any one know CLL reserves in light oil, beside PDP.??

Ppl are bitching about dilution, while the a billion dollar debts hangs on clls head.

Common shares are just paper, you can buy them back destry them by reverse splitting and if reservers increase dilution may not be an issue.

Let us pray PDP colombia is huge

let us pray oil stays hovering aroung 70

If these two conspire in the correct way then we are ok