freida, that is operating cost, not developmnt cost.
But the edge is payback on each well has been within 1-4 weeks, so after at most one month, the wells are free carried after the $4/bbl costs so at $100/bbl cvn gets $96/bbl income stream. Nice if you can get it.
They have 10-12 wells to complete over the next 4 months, so that is 2-3 reports/month and majority are production wells, so poduction is going to dramatically increase each month!!
Funny how an overview can bring the valid points out, which are all in public domain through reports nd updats already published.
Cheers
Steve
- Forums
- ASX - By Stock
- CVN
- riu good oil conference
riu good oil conference, page-9
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 624083 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 745415 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 556807 | 0.165 |
8 | 348052 | 0.155 |
12 | 1672628 | 0.150 |
23 | 939657 | 0.145 |
12 | 482777 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 739165 | 11 |
0.175 | 545181 | 9 |
0.180 | 753475 | 10 |
0.185 | 124457 | 6 |
0.190 | 803888 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |