Canadian Imperial Venture V.CQV.H

RE: Talked to CQV, Shoal Point and Nabors

[Barrhead]

randys: Many Thanks for the update on what might be on schedule over the next few weeks. It seems strange that the CIVC office would not have info on Shoal Point, or should it be said 'they know but can't say', as they share some of the same BOD. It would be hard to believe that the two offices are at least on a first name basis, and probably even know what they had for lunch today. The rig move will be an interesting and awesome one, and would think that the shares could start moving again northward about the same speed the rig(s) are enroute. Lots of ground to cover between Alberta and Newfoundland, and lots of load restrictions and permits would be required. The other rig must be waiting for PIDP to give the go ahead or sign up the contract. In turn they might also be just waiting for the CQV share price to head northward, so they can capitalize on the share appreciation for their financing. Only again, for CIVC to pay 500% of the costs. Perhaps SPE and CIVC can cut a deal and loan the Nabors 45 rig to them after 2K-39....for a small fee or a cut in the field ownership? 

Regardzzz.................................Barrhead