CVN 5.88% 16.0¢ carnarvon energy limited

Ann: Roc-1 Well Update, page-11

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  1. 3,790 Posts.

    Phew....I was a bit worried about the lack of the word oil..last announcement....

    Agree......there is gas........and today they finaly used the word oil........
    Doesnt get better than this in this game......

    Did U know....
    Porosity is better than tha 6 to 8% from PS1.....as per the diagrams on the CVN website may be as high as 20% which derisks the main problem.........a Tick for porosity...

    Unknown how much oil or if we will get a flow.......we do know its the oil at PS1 but at least 20km away.........so its a least a big area with oil and gas........

    Cvn MC is already just Cash......

    They accurately said an Oil/Gas fairway.........the fairway is over 20kms plus so far.....
    How much more is a Oil Fairway worth.......

    This is going to be big..........if just if we get a flow..........
    Great news..........
    Merry Xmass and good news for all CVN. Holders......
    Dyor
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