CVN 4.88% 19.5¢ carnarvon energy limited

Well POE have come off a bit and now at +17%.Unfortunately if...

  1. 69 Posts.
    Well POE have come off a bit and now at +17%.

    Unfortunately if CVN does anything similar to POE it is going to hit the radar of the day traders. I can guarantee there are some shares that will not be available for the traders, MINE!

    It is an exciting few weeks coming with the developments going on. Hopefully things do not get to overheated with people expecting 1500bbl flow rates from every well. If they do I think they may be a little bit disappointed with 400bbl wells that may come in.

    Not being negative, it is just that it is not unusual to get a one high rate well in the same field with mediocre wells.

    Would be interested to see the take on the flow rates from PC43 as he seems to know the this field and well flow dynamics.

    Also any sensible future SP predictions?

    Cheers

    Jami
 
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