CVN 3.33% 15.5¢ carnarvon energy limited

Ann: Historic Bedout Sub-basin Flow Test-CVN.AX, page-9

  1. 602 Posts.
    lightbulb Created with Sketch. 16
    """""
    Roc-2 Commercial Interpretation
    ----------------------------------

    The Roc-2 DST was constrained by both the temporary nature of the downhole equipment and the physical limitations of the surface test equipment.

    If a development well was drilled into the Roc-2 formation, and completed using industry standard equipment for the North West Shelf, that well should be capable of producing in excess of 100 MM scf/day plus the associated condensate. To put that into perspective, that would be around 10% of the entire domestic gas demand in Western Australia, achievable with one well.

    The Roc-2 DST has clearly shown that the Caley formation is capable of production at commercial flow rates. The Roc-2 DST has also demonstrated that significant amounts of condensate are also able to be produced from the reservoir.""""
    Last edited by AoverT: 19/10/16
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $277.3M
Open High Low Value Volume
15.5¢ 15.5¢ 15.0¢ $114.0K 738.7K

Buyers (Bids)

No. Vol. Price($)
9 754956 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 2101629 12
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.