CVN 2.94% 16.5¢ carnarvon energy limited

ann out, page-8

  1. kkw
    7,277 Posts.
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    I must say 800 barrels is not what I expected; and after encountering so much difficulties too.

    I was thinking or hoping for say 3000.

    Well, its better than a duster, and as a rough guess, I think they would have reached their 15000 bopd already except for the fact that some of the wells might be turned down for rework etc.

    REDAL, bad luck, have to wait for the next one for your 3000 + well! Maybe Q1 09!

    With CVN's track record, seeing we have a positive announcement, the price will probably go down tomorrow.



 
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