CVN 3.23% 16.0¢ carnarvon energy limited

good news in poes q report just out

  1. 2,163 Posts.
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    1.CVNs production is up from sub-1000bopd to over 1000. Every bit helps!
    2. The performance of the OLD Volcanic wells "has been very stable". Nice to hear it.Shame about the later wells.
    3."the Triplets" (WBext ,WB and L44).
    Firstly WBext. WBext1F has found payzone at the E (sandstone) level 80m thick. That is excellent. Add in 50m (F) and 30m ( G) and you have "150"m that a vertical (see later) well is likely to hit with the H layer not in the frame,nor a possible I layer and even the prospect that the D layer at WBext might not be tight.
    This well is producing at 140-180 bopd- a stable situation.None of your gusher one minute,peanuts later on.POE says that there are 15 to 20 more drilling spots in the main fault compartment alone.
    Comment- we are on our way !
    Secondly good old WB.
    A 6-well infill programme targetting 25-60 bopd from each well. Remember ,WB hasnt been drilled since about October 2006. Vertical wells to take about 4 days per well (longer for angled or deviated wells)
 
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