CVN 0.00% 15.5¢ carnarvon energy limited

actually the glass is half full, page-14

  1. 744 Posts.
    Just done a few calculations and it seems like the recent wells have been somewhat disastrous.

    NS8-D1 was flowing at 1500 bopd but was shut in to drill NS5-D1ST, which is flowing at approx 100 bopd (net loss of 1400 bopd).

    NS3-D1 was flowing at 400 bopd but was shut in to drill NS3-D1ST, which is flowing at 180 bopd (net loss of 220 bopd).

    So...... You can see why I'm a bit antzy about them shutting in their main asset (L44-D1) to drill the multi pad well.

    Hopefully I've gone wrong in my calcs/research somewhere?

    As you all know, I still believe in the dream, but the last anns are actually worse than I thought!
 
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