CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Thailand Operations Update , page-6

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  1. 2,163 Posts.
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    I dont think its drawing too long a bow to interpret the order the balance of 2011 drills is listed in as an indication of the partners intentions i.e. chronologically.
    The 5 further S wells at WBext,and the 2 V wells at WBext,you might have expected to be listed first-but they arent. The 4 L33 wells are so listed.

    2 V wells at WBext wont take the big rig long. I say that whoever made up the drilling list is telling us that the big rig will soon be going on to L33 to drill 4 key V wells in succession.The V situation at L33 has been telegraphed to us already as one that (at least by V standards!) is one of the best Thai situations the partners have.
    Then its on to BR,NS and NSE with both rigs (taking the baby rig along) towards the end of the year.
    You would have to say that the WBext and L33 eleven are a very good group to be going at at this stage of things.
    I cant speak to L44-W (mixed up in the eleven)- maybe we have a nice round dozen of goodies coming up.
 
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