CVN 2.50% 19.5¢ carnarvon energy limited

Okay we'll have to wait for the results to see what zones...

  1. 743 Posts.
    Okay we'll have to wait for the results to see what zones they'll test.

    From today's announcement:
    "In addition to the main volcanic zone, five deeper, never before tested volcanic intervals have been encountered at 1,079, 1,154, 1,483, 1,698 and 1,824 metres MD with measured thicknesses of 21, 6, 27, 62 and 26 metres respectively. Oil shows were observed while drilling at depths of 1,080-1,100m, 1,505-1,510m and 1,845-1,850m. Upon the completion of logging, it is anticipated testing will be conducted on up to four zones and take approximately 21 days to completion, at which time full results will be announced."

    I think they're going to only test the 21m, 27m, 62m and the 26m zones and that anything they would produce from the main zone would lower production from the other well.
 
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