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2.44% 20.0¢ carnarvon energy limited

Ann: Roc-1 Condensate Rich Gas Discovery, page-16

  1. Cosmoterios
    18,518 Posts.
    lightbulb Created with Sketch. 2621
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    04/01/16
    12:38
    Post #: 16721966
    Agree.

    People forget that the Exmouth discovery in 1954 was NOT commercial.

    But it showed there was a hydrocarbon system, underground in that region and inspired other searches.

    Subsequent searches found Commercial oil at nearby Barrow Island.

    To this day, they are still pumping oil and gas from that region.
    CVN Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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