CVN 9.68% 17.0¢ carnarvon energy limited

There is not much we can offer at the moment. This is a new...

  1. 18,837 Posts.
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    There is not much we can offer at the moment. This is a new basin we are testing.

    There has only been 2 flow tests in this area:

    - ROC 2 (Caley) and
    - Dorado (Baxter) this week.

    The results from those 2 tests are available for all to see. You can use the results of these two tests to draw some kind of conclusion. That is the best one can do at the moment.

    We won't know the results of the Dorado Caley tests and its likely impact until its revealed to us.

    And the JV don't know either - that is why they have to conduct these tests.

    Personally, I am drawing comfort from the results of ROC2 (Caley) and Dorado (Baxter).
 
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