CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Phoenix South-1 Update, page-8

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  1. 11,473 Posts.
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    No problems Sojourner, my estimate is

    That's 300 million barrels of oil in place, people are using the conservative word,.* multiplied by $80 per barrel equals $2.4Billion in revenue potentially?

    20% interest Potentially $500 million , and there more sands to be investigated at bottom, lets hope it keeps coming.
    Last edited by eyeswideopen: 18/08/14
 
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