CVN 0.00% 16.0¢ carnarvon energy limited

Ann: Outtrim Project Update - Belgravia Prospect, page-9

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  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    Agreed, we will probably need to drill another hole for the gas and condensate, provided WPL is successful with Swell - I hold shares in WPL as well, so I hope it will be a double for me.

    Any way, as for CVN - it will then be an aggregation of the oil, condensate and gas.

    And given the close proximity to existing gas pipelines, its likely Outtrim will be sold to fund Phoenix exploration, appraisals and development.

    Fingers crossed.

    AIMHO.
 
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