CVN 3.13% 16.5¢ carnarvon energy limited

Ann: Phoenix South-2 Well Commencement-CVN.AX, page-78

  1. Ya
    6,809 Posts.
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    It shouldn't take RISC too long as they already had the preliminary model post R#1 completion.

    So once R#2 wireline data was dispatched to them, the static model should b updated.

    They then wait for DST results, ie fluid compo. mobility, pressure etc.

    Once that's added then the last bit is waiting on fast-tracked core results from their Lab in Perth (ie cored sample poro/perm, grain density, PVT fluid data, fluid compo etc).

    SLB's saturn probe (basically MDT tool) should have given them mobility/perm, drawdown etc.

    So the last bit of info honors the actual static model. They should have the bathymetry/topogr data etc & the VSP seis & 3Dseism data.

    So ballpark timeframe IMO should b anytime between now & Xmas (depending on how swamped their Lab is). Would b nice if its Pre-AGM so analysts can get a handle on the size, developmnt chances etc.

    All the best with the volumetrics. Hope this helps.
 
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