CVN 0.00% 16.5¢ carnarvon energy limited

VH, The Roc flow test must really have them itching to test the...

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  1. 13,980 Posts.
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    VH,

    The Roc flow test must really have them itching to test the flow from those old rocks at PS too, might have been too conservative in their assumptions to date? Of course they also want to drill the Caley there also.

    If Dorada looks as interesting as they suggest then I would think anyone would want to drill that, another well at PS before deciding on a development. Meantime they could try to find a market for the gas.

    All three things with potential to significantly increase our sp, which will be necessary if we are to raise equity for our full current 20% of any development.

    Likely to be an interesting 12 months or so coming up imho. I expect an announcement on future wells ( not with dates of course) quite soon.

    EL
 
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