CVN 2.50% 20.5¢ carnarvon energy limited

its in ann, page-9

  1. 13,961 Posts.
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    Red,

    You left your corduroy's behind, shame on you, you left out the NSE F1 Extension.

    F1 included we get 15.3 mmbo 2C net to CVN.

    Even then they've left L33 out: "Those portions of the L44-W discovery structure extending into concession L33 were not assessed in this resource report."

    I'd say if that was just about any other ASX oiler without a north american partner that 2C would have come straight out as 2P.

    Close enough to doubling our 2P, that hasn't already been factored into the sp this week, no way.

    Of course there's also a huge amount of 3C added, I am starting to see the shape of John's Ghawar. If he get's his wishlist he"ll drown in his backyard.

    It just get's better! We"ll never see 50 again, maybe never 60.

    Like the Lundin farm in too, as I assume they spotted something they liked in the old well data, and only paying some 2D costs for the farm in.

    EL
 
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