CVN 6.25% 17.0¢ carnarvon energy limited

pan orient energy corp.- l44-w oil discovery: , page-14

  1. 13,982 Posts.
    lightbulb Created with Sketch. 1053
    I hate to be a party pooper, but on 29 April they announced a flow of 1200 bpd (70% oil).

    All they've done since is got rid of the water, as they prognosed they could, declared it a new discovery and proclaimed it's significance.

    Seems to me the sp has been building in anticipation, that this has been nearly fully priced in?

    I do have regrets about having taken some off the table prior to the last announcement. The future looks bright, wish I had kept all.

    EL
 
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