CVN 0.00% 16.5¢ carnarvon energy limited

new announcement, page-2

  1. 4,090 Posts.
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    A lot to take in on this announcement but all sounding absolutely fanstastic :

    Can someone please clarify the reduction from 14,000 to 9000 barels as shown below ?


    Production is currently averaging approximately 9,000 bopd gross (5,400 bopd net to Pan Orient) after peaking at over 14,000 bopd gross (8,400 bopd net) at year end as a result of natural declines off of initial test rates and a number of wells now on pump after initially free flowing. Total concession production water cut is currently averaging approximately 15%
 
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