CVN 0.00% 15.5¢ carnarvon energy limited

award of new licence?, page-5

  1. 824 Posts.
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    Once again setting up to look good for the long term, bit surprised at the reaction to the half yearly, I would of thought that would of been factored in by the market. Perhaps it is the catalyst for a lot of people to take there money and run. We will need a lot of good news from this point on to restore confidence & interest in CVN over the short term.

    Question for the oil experts, even though we are getting a reserves increase my concern is a downgrade of reserves for the field with production decline, as I am not an expert on these things is that a possibility or is it just a matter of re working the fields to pump it back up?
 
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