"joint venture deciding not to deepen the well or retain the well for future re-entry."
. Not to deepen the well means the data already proved big gas-condensate.
The deeper they go the more gas they'll find. At the moment they are not producing so why should the need to explore for more.
Flow test will tell you how big it is.
. Not retain the well for future re-entry means this is NOT a FAIL one. It's also supporting the idea not to deepen the well in the future.
When a well was failed the company will seek a re-entry based on secmics survey. They will re-drill to find out the truth.
PS1 ans ROC are succeeded wells.
Let's see how the sp. reacting at the end of the day.
- Forums
- ASX - By Stock
- CVN
- Ann: Roc-1 well update
Ann: Roc-1 well update, page-46
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $357.7M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $110.8K | 554.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1106170 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 221765 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 984066 | 0.195 |
20 | 1671975 | 0.190 |
16 | 2255955 | 0.185 |
7 | 821672 | 0.180 |
5 | 327022 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 26485 | 2 |
0.205 | 805721 | 13 |
0.210 | 936325 | 15 |
0.215 | 208847 | 4 |
0.220 | 677168 | 15 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |