Not sure how many have followed the developments of the Warro field but drilling has finally began.
During the life of the field the Joint Venture could drill over 200 wells to produce an average of 100-150 million cubic feet of gas a day (approx 100-150TJ/day), which is approximately 10% of the needs of the South West.
The gas will be piped to the gas processing plant from various well pad groupings before being delivered to the ‘Dampier to Bunbury’ and ‘Parmelia’ pipelines 30km to the west where it will be sold to customers north and south along the pipelines.
Of course CVN will get a royalty interest of 2.5% on all gas found. Latent Petroleum (operator) are partnered with Alcoa and Transerv Energy.
http://www.latentpet.com/framework/gallery/displaygalleryimage.asp?filename=315.jpg&constrain=500
http://www.theaustralian.news.com.au/business/story/0,28124,25015875-5005200,00.html
http://www.alcoa.com/australia/en/news/releases/New_Joint_Venture_to_Develop_WAs_First_Tight_Gas_Field.asp
- Forums
- ASX - By Stock
- CVN
- hartleys 12 month target
hartleys 12 month target, page-20
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
First paediatric clinical site activated – major recruitment milestone and key appointment announced
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $155.3K | 1.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 530233 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 440281 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | 0.165 |
1 | 3935 | 0.155 |
6 | 703164 | 0.145 |
15 | 2250422 | 0.140 |
5 | 502000 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 340281 | 12 |
0.155 | 853157 | 16 |
0.160 | 1136818 | 18 |
0.165 | 245510 | 7 |
0.170 | 477678 | 10 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |