CVN 0.00% 19.5¢ carnarvon energy limited

Ann: STO: Strong Caley oil flow advances Dorado, page-82

  1. 4,556 Posts.
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    Continues to deliver, another excellent result, seems to be no problem with the economics of the project going forward based on these tests.
    Happy chappy

    I wouldn't mind the share price showing the latest developments. Still under the evil influence of RS-1? Can understand why, high CoS well that did fail to meet its objective. Created additional risk for future prospects ie. geology is more complex than thought by CVN or STO. Hopefully the lessons learnt will translate into future success. Time heals all wounds. ,oil and additional finds should help too

    For me, given oil price remains or continues to inch up it seems I have an investment in CVN, that is a strange word, investment. Macro, the rig counts in the US are dropping because the economics of shale oil are starting to deteriorate at this oil price level. Acreage held and prospects does make CVN a target, and then there is Buffalo.
 
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