CVN 2.86% 17.0¢ carnarvon energy limited

Ann: Roc-1 well update, page-42

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  1. 3,611 Posts.
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    'Following the completion of the sampling program, operations for this well will be complete and the well will be left in a safe condition with the joint venture deciding not to deepen the well or retain the well for future re-entry.'

    Not retaining the well for future re-entry, doesn't that mean useless..

    I am a big Cvn fan and want the best for all holders, and understand that this was a good proving drill, but the hole is now just being left with it being nothing but a hole.. Is that right??
    Some are talking of gas pipelines and extracting has etc, but the statement says close it up and walk away...

    What now for Cvn?
 
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