CVN 2.44% 20.0¢ carnarvon energy limited

Ann: Historic Bedout Sub-basin Flow Test-CVN.AX, page-54

  1. 2,672 Posts.
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    Congratulations everyone. Really. Still a little way to go but it's practically open season now - IMHO this unlocks the basin. It's not just ROC, it's tying in PS, maybe Bewdy and Bottler and the big new targets. If this didn't come in I think the impact would have been a lot worse than many here thought as it would have left so many targets stranded (at least until something else unlocked it). The flipside of that is that I think the potential is a lot higher than many realise. Nice to have a "low" risk O&G investment (comparatively to most drilling) come off like this. Nice to be on a winner even if in retrospect it looked at least half obvious.
 
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