CVN 5.88% 16.0¢ carnarvon energy limited

Ann: Trading Halt, page-40

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  1. Ya
    6,809 Posts.
    lightbulb Created with Sketch. 3829
    They need Wireline Logs to confirm whatever they've seen on the MWD logs. A simple explanation of how this works,

    - Gamma logs should tell them the depth where the sands came in. Easier to pick alongwith any drill break.
    - If the resistivity curve didn't move far enough then its water wet, if there's sufficient spacing on the res curve then its oil.
    - Wellsite Geo analyze the rockchips over the shakers, sign of visible oil on shakers, oil ring streaming cut etc under the fluoroscope, with C1 to C5 breakdowns over the Gas Chromatograph.

    In the industry WL logs r conclusive with fluid sampling recovery, hence the T/H to get more info b4 announcing anything.
 
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