Hi EL I see a bit of ramping from some posters but reading CVN ANNs these days are like stepping back in time, water still a problem and sending rigs of site for wells that have no connection to CVN and again at a time production should be lifted not allowed to slip back.
For those looking at L20/50 as sending CVN or SUR through the roof again do remember the beeper the well the greater the chance of water as many wells that have been drilled in the past have shown though if this has shallow sections just like the past they will often be the better producers and the deeper ones often water out much quicker.
Watering out will be the question for much of what will come on line soon as some have shown already while CVN looks set for a new year it still holds a huge risk and will still be to the benefit of those in the right place as any volume chart can demonstrate with CVN put against the timing of ANNs.
CVN Price at posting:
42.9¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)