CVN 3.33% 15.5¢ carnarvon energy limited

poe announcement out, page-5

  1. 2,163 Posts.
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    P.S. to my previous post.
    Sending the POE rig over to the new compartment in WBext( rather than persisting with an unbroken stream of main compartment drills) and getting "only" an 80bopd result shows how flexible they are with the rig.
    The main compartment drill prospects aint going away....
    I can see a situation emerging where,with enough good S drilling sites in WBext,WB (revisited) and L33, we could be looking at another("small") rig,one suitable to WB and 80bopd targets elsewhere.
    This is the beauty of S drilling in good,but geographically tight , areas- as long as you get a steady series of results over time and nearly all the wells produce on a "it will pay its way" basis then rapid fire drilling is feasible,and quite low risk in reality.
    My hope continues that WB,WBext and L33 will turn out to be such a sandstone situation. I hope that they will attempt a SANDSTONE drill at L33 before long.
 
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