CVN 1.61% 15.8¢ carnarvon energy limited

Ann: Quarterly Report December 2015, page-7

  1. 2,163 Posts.
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    I love the cross-pollination between (1)the Roc1(condensate) and the phoenix( oil )discoveries.And (2)between the Roc1 result and its stated derisking of Cerberus.
    And (3) the reference to CVN looking for a partner for Cerberus.
    We have an SP trigger in a minimal-cost-to-us Roc 2 well,and most decidedly another in a decent deal with a big player re Cerberus ,from a position of strength, that could bring an early go at drilling Cerberus at virtually no cost to us . 2 more decent bangs for us needing only ice cream money,relatively speaking.
 
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