Nice.
The issue is the the Roc 1 & 2 have not connected.
Now why is that?
Obvious answer is that although you have one large regional high, that high has serveral smaller ripples, and the hydrocarbons are only trapped in these small magnitude hills IE lots of smaller fields with different pressure regimes.
If that is the case it a Bugger as you going to need many wells to drain each separate trap.
There again each minior hill might still have significant amounts of gas/condensate trapped.
Once DST is complete, look for evidence of pressure drop over the week of flowing. If there lots it tell you that the reservoir is of limited extent.
- Forums
- ASX - By Stock
- Ann: Roc-2 Confirms Gas and Condensate-CVN.AX
Nice. The issue is the the Roc 1 & 2 have not connected. Now why...
-
-
- There are more pages in this discussion • 102 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
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $366.6M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 20.0¢ | $724.4K | 3.558M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 279612 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 485773 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 264612 | 0.200 |
8 | 320521 | 0.195 |
9 | 404631 | 0.190 |
17 | 2825895 | 0.185 |
9 | 873001 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 254527 | 3 |
0.210 | 632027 | 14 |
0.215 | 436870 | 7 |
0.220 | 710364 | 14 |
0.225 | 303106 | 6 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online