CVN 0.00% 16.5¢ carnarvon energy limited

Ann: Buffalo-10 Drilling Update, page-72

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  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    Their original prognosis was circa 80 metres of saturated oil within the attic sand.

    But the actual result was 12 metres (gross) - a lot less than the original estimate. So the discovery is likely to be uneconomical to extract.

    Of course, they will only know after the wireline tests are done.
 
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