CVN 0.00% 19.5¢ carnarvon energy limited

The scope and area involved with two rigs mean it will be more...

  1. 268 Posts.
    The scope and area involved with two rigs mean it will be more than a decade before we get some idea of the full (actual) reserve. But from day one Ted has always believed the main oil pool stretches over about 33kms in strike length. He also has quite rightly believed that multiple pools (of variable size) will be found above and below the main zone over the main pools strike length.

    There is little doubt with the vast majority of the JV still unexplored, that this will develop into being the largest onshore field so far discovered within Thailand. But CVN have always known its potential with the big bonus being very low developing/producing costs.
 
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