CVN 0.00% 16.0¢ carnarvon energy limited

Ann: STO: Strong Caley oil flow advances Dorado, page-81

  1. 3,607 Posts.
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    Very positive, even a good gas volume with the oil flow. Looks like the gas in place could increase in the caley.

    I expect a fast tracked FIDto FID given the exceptional results. The only issue is the amount of gas in place, how fast to progress this development. Might be prudent to bring this forward to capitalise on the NWS supply shortfall expected. The oil will pay itself very quickly so a larger gas development will increase the tax credits delaying PRRT.


    Adrian will be a busy man.
 
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