CVN 2.94% 16.5¢ carnarvon energy limited

My quick response is the deeper zone at POE-9A has nothing (so...

  1. 743 Posts.
    My quick response is the deeper zone at POE-9A has nothing (so maybe nothing more from lower zones in the southern compartment) and they've gotten a better production rate from the main zone. POE-9 was producing just under 300 bopd, not sure if this >600 bopd will replace POE-9 or add to it.

    On L44-DH2 I didn't think they'd get oil so deep (ie >1,800m) but will have to wait to see if it's commercial.

    The environmental approval is positive, we should be back to what we saw last year with constant drilling/testing and updates every few weeks. With 2 rigs they've got around 18 months of drilling ahead of them.
 
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