CVN 10.8% 16.5¢ carnarvon energy limited

yet another fat prophets buy recommendation, page-18

  1. 743 Posts.
    9876 said:

    "Look at POE-9A's results, drilling the same location with a horizontal sidetrack resulted in ~Double the volume."

    Apparently POE-9A was vertical:
    "The POE-9A vertical appraisal well, located approximately 130 meters south of the NSE discovery well POE-9 is producing, on pump, from the main volcanic zone at rates of approximately 682 bopd, with a 6.5% BS&W, as the well continues to clean up."

    Like you I had thought it flowed more because it was deviated/horizontal but when I looked the other day I couldn't find any evidence that it was.
 
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