CVN 0.00% 15.5¢ carnarvon energy limited

News: CVN Carnarvon Energy Will Issue 234.8 Million New Shares At A$0.30 Per Share, page-36

  1. 125 Posts.
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    everything from cvn and santos to date has called out opex of <$10/bbl. obviously $5 is better.

    the good thing about having santos as a partner is that the gas can be hooked into their current infrastructure easily for phase 2 of dorado.

    the capex cost per barrel is also roughly $5 (amortised over 100,000 per day over 20 years).

    all up total cost of production is roughly US$10/bbl

    that's stupidly good metrics imo
 
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