I would suggest all CAX longs or those considering buying CAX listen to the interview as it provides a good summary of CAX and its potential (They should also ignore PE Type Guy as he is a penny-a-post paid basher that, like losvegas, posted that he sold "all [his] shares" weeks ago).

The main points I took from the interview:

1. CAX is looking for a new footprint in North Africa and the Middle East to expand its portfolio of projects;

2. CAX is currently redeveloping its offshore EB oil field which is a 3 well program that involves 2 O&G producers and 1 gas re-injection well;

3. CAX will be flowing oil this month and will have full field production by the end of February;

4. CAX is expected to average at least 3,000 Barrels/day/Net to CAX in 2008 which at $70 barrel oil will result in cashflow of $60 million dollars or about 35 cents/share with that amount subject to rise should the price of oil exceed the $70 average or more barrels on average are produced (the estimate is conservative on all fronts).