CVN 3.13% 15.5¢ carnarvon energy limited

Ann: More Oil Confirmed in Dorado-1 Well, page-82

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  1. 3,393 Posts.
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    @entropylord, I think you can afford yourself a tipple of something very nice on the strength of this, and I'm not the geo/reservoir type of which you speak. You've earned it.

    Reading around the releases they are putting out here, and looking at the depth and size of the hydrocarbon column, fact that it's light, sweet crude with good porosity, is all pointing to the fact that they have absolutely hit the jackpot here. It's Mack Daddy.

    What I'm really wondering now is how the SP behaves from here on in, and over what kind of time line. I'm much more familiar with the behaviour of mining stocks as they move from explorer to producer, but because any Oilers I have held in the past have drilled dust only, this is new territory.
 
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