Agree.
The latest announcement is somewhat disappointing. Like so many, I had also expected the JV to be well over 15,000 bopd (6,000 bopd net to CVN). Late last year, it looked like they were going to achieve it easily. Indeed, it seemed as if, for tax reasons or other, CVN was deliberately under reporting oil production in the last quarter.
Moreover, testing of the appraisal wells seems to have been slow or incountered problems...requiring further side tracks to be drilled.
I dearsay the oil price will help support the sp but, the update was not what I was expecting :(
As testing usually takes 10-14 days it seems that we will have to wait another few weeks.
- Forums
- ASX - By Stock
- CVN
- announcement out
announcement out, page-15
-
- There are more pages in this discussion • 61 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
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M |
Open | High | Low | Value | Volume |
16.0¢ | 17.0¢ | 16.0¢ | $444.3K | 2.744M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1419150 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 332273 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1384250 | 0.160 |
13 | 522341 | 0.155 |
12 | 934270 | 0.150 |
16 | 738282 | 0.145 |
11 | 542777 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 332273 | 6 |
0.175 | 976347 | 8 |
0.180 | 501225 | 8 |
0.185 | 882813 | 5 |
0.190 | 716500 | 3 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online