CVN 10.8% 16.5¢ carnarvon energy limited

Ann: Dorado-2 Drilling Update, page-50

  1. 146 Posts.
    lightbulb Created with Sketch. 16
    The next update date? well....here's what i reckon:

    -13/5/2019 - Announcement that we're drilling 12 1/4" section, current depth ~2250m
    - Dorado-1 drilled this section to next casing point @ 3637m at a rate of 14m/hr
    - Using this rate as an assumption, we should have reached section TD @ 3800m on 17/18th May
    - Dorado-1 took 17 days to announce the placement/cementing completion of the 9 5/8" Casing after reaching this section TD.
    - If Dorado-2 presents same problems in running the casing, next announcement might be in two weeks around the start of June
    - However, if casing runs without a hitch, we might hear news by Friday or Monday.

    Hold tight

 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
-0.020(10.8%)
Mkt cap ! $295.1M
Open High Low Value Volume
17.5¢ 17.8¢ 16.0¢ $3.525M 20.49M

Buyers (Bids)

No. Vol. Price($)
3 441949 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 2048593 4
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.