CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Additional Australian Block Award , page-6

  1. 81 Posts.
    Hello all I'm new so a rookie question very possible but

    These new leases have been handed back by Apache?

    With the 3d done ?

    I'm sure they wouldn't of handed back if 3d showed something significant?

    And correct me if I've got this wrong but wasn't it Apache the one to suggest the possibility of a different sort of play that might be investigated at the bottom of the current drilling?

    My point is Carnarvon would have to find a new play or something Apache missed for these leases to be worth anything? or Maybe drill something Apache deemed to small ?

    Not sure what value these new leases will be?
 
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