CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Thailand Drilling Update - WBEXT-2BST2 , page-5

  1. 2,163 Posts.
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    Why am I bullish on the Thai situation when I am reporting that we have no actual result from either 2C or 2Bs shallow (WBV1) compartment and no results from 2Bs deeper (WBV2) compartment?.
    You could say we have only one result out of 4.
    I think you have to read between the lines sometimes. Some (many?) would say that the mid-November interview with Adrian was somewhat contrived. Yes it was.But for me there was a gut feeling at the time that CVN believe that the restoration is working well and that the well that had been in progress for some time (2C) was sending out the right vibes to the people running the company.
    Todays 2B progress report,IMO,adds a bit more to my guess that Towngas is telling CVN management that "its looking good,so far"
 
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