CVN 2.94% 16.5¢ carnarvon energy limited

Woooo Hoooo go CVN :)$$$$$, page-52

  1. 142 Posts.
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    understand vege-e, and I’m familiar with the presentations and the forward plan you mention. I also agree that the approach is ‘prudent’.
    but I’m just trying to be mindful that the global agenda for oil means oil exploration and production is not likely to be a ‘forever business’.

    considering it will take 7-8yrs from discovery to production (2018-2026) for Dorado (which has enough near by tie backs in existence to full utilize this fpso for many years),
    if there are another 10+ dorados out there then I suggest we find them prior to 2024+, or there is a real risk the potential will never be realized.

    I just don’t want Cvn to be the one who unlocks the basin, just a couple of years to late!


 
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