CVN 0.00% 16.0¢ carnarvon energy limited

Ohyeah, I shouldn’t complain as I have no intention of selling...

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  1. 13,988 Posts.
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    Ohyeah,
    I shouldn’t complain as I have no intention of selling in these early days.

    Just confirms these permits need to be turned into swiss cheese. There’s going to be a real drilling campaign in these permits imho. Macbankers aren’t going to want to sell in the dark, they wont want to sell with huge upside untested.

    Three fields discovered, not a dry well drilled. Good reservoirs, great fluids.

    Great result, even if the market has yet to appreciate it. Worth celebrating now, and congratulating AC and team.

    Perhaps I should switch off for a week or two, come back when we have preliminary volumetrics and a result for PS. Hope to miss the BANG30 too!
    EL
 
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