CVN 0.00% 19.0¢ carnarvon energy limited

Their original prognosis was circa 80 metres of saturated oil...

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    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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