CVN 0.00% 19.5¢ carnarvon energy limited

Got a small parcel at 28.5 c as well. Not fully stocked again...

  1. 744 Posts.
    Got a small parcel at 28.5 c as well. Not fully stocked again just yet, but getting pretty close.

    Agree Chewy, the build up to the next ann should be pretty intense if the market understands the implications. I certainly intend to be fully stocked by then!

    I'm expecting flow test on both NSE-E2 and L44V week after next, and both are important wells.

    NSE-E2 failed to encounter the main volcanic reservoir, but they are testing a deeper zone. A "new pool" discovery would be fantastic, particularly for reserves calcs.

    However the real market mover would be success on the L44-V drill at Bo Rang. A new volcanic zone so far from the current producing volcanic zone would be a major find.

    I shouldn't talk it up yet as I'm not fully stocked, but I definitely want to have my position set before the next ann...

    DYOR!
 
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