I haven't been watching this one since selling out when in spite of fraccing attempts the structure remained as tight as ***** ! The flow rates from pumping endeavours were pathetic. Although the oil is there its another thing to get it to the surface. This seemed to me to be a good punt until I found the flowability problems. Have I missed some breakthrough or other which allows the oil to get to the well ? Horizontal drilling MAY improve the chances but I wouldn't hold my breath.
cheap entry now ! oil oiloil!, page-7
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $478.3K | 3.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6210 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 482885 | 6 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |