Australia's largest stock trading and investment forum Australia's #1 stock forum

CVN

Click for more information

4.41%

16.3¢ carnarvon energy limited

Ann: Historic Bedout Sub-basin Flow Test-CVN.AX, page-11

First 11 Last

Share
Profile

Follow
iainmac

184 Posts.

43

19/10/16

10:07

Post #: 19960016
Share

Originally posted by AoverT ↑

"""""
Roc-2 Commercial Interpretation
----------------------------------

The Roc-2 DST was constrained by both the temporary nature of the downhole equipment and the physical limitations of the surface test equipment.

If a development well was drilled into the Roc-2 formation, and completed using industry standard equipment for the North West Shelf, that well should be capable of producing in excess of 100 MM scf/day plus the associated condensate. To put that into perspective, that would be around 10% of the entire domestic gas demand in Western Australia, achievable with one well.

The Roc-2 DST has clearly shown that the Caley formation is capable of production at commercial flow rates. The Roc-2 DST has also demonstrated that significant amounts of condensate are also able to be produced from the reservoir.""""

Expand

like this bit..

approximately 11,500 barrels of oil equivalent* per day.

CVN Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

DY6

DY6 shows strong levels of heavy rare earths from metallurgical sampling in Malawi

GHY

Gold Hydrogen reports "world leading helium purities" at Ramsay Project

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

There are more pages in this discussion • 196 more messages in this thread...

First 11 Last

Add CVN (ASX) to my watchlist

(20min delay)
Last 16.3¢		Change -0.008(4.41%)		Mkt cap ! $304.1M

Open	High	Low	Value	Volume
16.5¢	16.8¢	16.3¢	$224.9K	1.364M

Buyers (Bids)

No.	Vol.	Price($)
16	670545	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	334531	7

View Market Depth

No.	Vol.	Price($)
7	639052	0.165
15	659561	0.160
20	635423	0.155
18	1034720	0.150
24	841824	0.145

Price($)	Vol.	No.
0.170	534072	10
0.175	1232169	12
0.180	671909	13
0.185	145980	8
0.190	763975	5

Last trade - 10.17am 17/10/2024 (20 minute delay)

CVN (ASX) Chart

SPONSORED BY