CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Roc-1 well update, page-43

  1. 18,703 Posts.
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    Agree, we should all reflect calmly what CVN has.

    Cash $103M AUD.

    Receivables $30M USD.

    Other physical assets - 4 permits around ROC and PS1 plus Cerberus.

    Discovery - oil in PS1 and gas in ROC (Note, this was an area no one thought there was oil and gas, yet we found both).

    WIP - $50M Seismic (already paid for) and near completion.

    Debts - NONE.

    Operating costs (Admin) - 4 M AUD per year.

    Market cap - $ 99M AUD
 
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