CVN 3.33% 15.5¢ carnarvon energy limited

This raises another issue I know little about. Is onshore oil...

  1. 1,226 Posts.
    lightbulb Created with Sketch. 357
    This raises another issue I know little about. Is onshore oil really worth more than offshore? Offshore needs huge amount of infrastructure but it can be pumped directly to a tanker and then straight to market but onshore needs a way of getting the oil to a ship or direct to a refinery. Pipelines or trucking can be very expensive in my eyes. Anyone got any knowledge on this and is there a clearly cheaper option in OZ.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $277.3M
Open High Low Value Volume
15.5¢ 15.5¢ 15.0¢ $114.0K 738.7K

Buyers (Bids)

No. Vol. Price($)
9 754956 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 2101629 12
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.