If I remember correctly at the AGM I believe Kerry mentioned that CGX & Repsol would be doing a JV on the seismic mapping this September and would be releasing a NR shortly (within 2 weeks I think he said) to confirm this. Since there has been no NR I am thinking that JV negotiations might be affecting confirmation of this mapping JV and if Repsol is the JVP maybe CGX is waiting to finalize negotiations before they release any more information. Just a thought.