Timing for Buffalo is looking lucky.
In this cross-over period in time with COVID the demand of oil is going to rise as planes come back online, pent up demand for holidays and more people stay away from public transport going to work to minimize risk drive their cars. Petrol use will rise. At the same time Russia and Saudi (opec+) aren't going to allow USA to restart the fraccking, they have now galvanized their mutual interests, hardened by Biden's stance on this type of oil industry. So oil price expected to maintain or lift slightly.
April 1...
"Carnarvon has also continued to make progress to drill the Buffalo-10 well this year. Tendering and
procurement processes are already underway, including negotiations to secure a drilling rig."
Timing for Buffalo is looking lucky. In this cross-over period...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $110.8K | 554.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1106170 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 221765 | 11 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |