CVN 3.13% 16.5¢ carnarvon energy limited

Ann: Roc-2 Confirms Gas and Condensate-CVN.AX, page-19

  1. 18,677 Posts.
    lightbulb Created with Sketch. 2643
    WN,

    Appreciate your comment.

    It would make sense to have some faulting somewhere - the structure was uplifted some 94 metres (4384-4290) between ROC1 and ROC2 (ie. to the WEST). Refer to below.

    This is ROC1:

    "Since the last report approximately 120 metres of core has successfully been taken from around 4,290 metres to 4,410 metres as planned. (ROC2)"

    This is ROC2:

    "A gross hydrocarbon section of 40 metres was intersected between 4,384 metres and 4,424 metres providing a net pay of approximately 13 metres. (ROC1)"

    Would it mean we need to drill North and South as well or accept the pressure tests at ROC2?
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $295.1M
Open High Low Value Volume
15.5¢ 16.5¢ 15.5¢ $556.2K 3.435M

Buyers (Bids)

No. Vol. Price($)
2 271853 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 468186 5
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.