CVN 0.00% 16.5¢ carnarvon energy limited

Forth go at writing my AGM report. I’ll keep it to the bits you...

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  1. 142 Posts.
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    Forth go at writing my AGM report. I’ll keep it to the bits you won’t find in the presentation.
    - 2 weeks till Buffalo rig handover. Results will be Xmas present if all goes to plan.
    - approx 2 years to Buffalo production.
    - 12 or so banks, interested in providing 60% of CVN dorado capital contributions. Rest will have to be funded by cash/sales/cap raise or any combo of above.
    - going as fast as possible to development of Dorado. Good relationship with Santos at all levels. No concerns with Santos not wanting to develop.
    - drilling all ‘vanilla’.
    - AC not being kept awake at night with FID of Dorado.
    - regular catch ups with Advance.
    - rebuffed a question about not needing exploration / new developments to meet potential demand supply in future.
    - majors not interested under 300mboe net Cvn .
    - asset not attractive to others until post FID
    - I might have spied Gotta. There were two gentlemen sat together (one in a flat cap). That’s my best guess of who Gotta is.


    Last edited by Eagle&owl: 13/11/21
 
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