CVN 0.00% 19.5¢ carnarvon energy limited

a good day tomorrow?

  1. 2,163 Posts.
    lightbulb Created with Sketch. 105
    ..... or a very good day tomorrow?.... On 8/9 CVN described the basin that L33-1,L33-2,WBext1 and WBext1A are in as "an extremely oily basin"........ Pushing aside the L33 wells and focussing just on WB from here on.One swallow does not make a (WB) summer... What about 2 swallows (8800 bopd?)....OK-still not enough to say that summer is here... So lets move on to the 3rd Swallow,WBext1B.....We already know that they have penetrated the top of the higher volcanic (WBV1) and had losses of drilling fluid of 50bbl/hour,"indicating excellent permeability". Also ,oil shows over a 30m interval in the fractured shale above the WBV1 target.Further that they intended to drill to the bottom of the V target,making refernce to the magical (at this time of the year) word "reserves"....cont.
 
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