CVN 0.00% 19.5¢ carnarvon energy limited

Ann: Roc-1 Condensate Rich Gas Discovery, page-15

  1. 800 Posts.
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    I don't understand why people expect too much. If they want "pure oil" they should buy Saudi stocks.

    All America Shale drillers found "condensates"
    All Aussie drillers in Australia and PNG and China. They found condensates.

    The only pure oil production is AWE's TUI field in New Zealand. AND

    The only pure oil found and rich condensates discovered in CVN's acreages.

    Roc is deep exploration but It's doesn't mean as a uncommercial.

    Uncommercial is only described in term on unconventional wells. The drilling technologies had made unconventional wells to be commercial.

    PS1 and ROC1 are enough evidences to prove the whole acreages are a stacked reservoirs.

    More drilling campaigns will achieve 100% success rates. IMO.
 
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