CVN 0.00% 20.5¢ carnarvon energy limited

claytons production wells, page-2

  1. 2,320 Posts.
    But you have to consider these two latest wells are two of CVN's most signficant finds (being big flows in WB and L33). They can't ignore them. And as they explain some appraisal drilling is required for the production licences.

    But yes it is back to more appraisal wells rather than development for now. Mind you flow rates in appraisal and exploration wells are much better long term than development wells, which are really just cashing out on what you already have.
 
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