CVN 1.61% 15.8¢ carnarvon energy limited

Buffalo Financials, page-120

  1. 467 Posts.
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    Thanks boys for the comments and the different perspectives. Good to see coherent arguments and considered replies with the acknowledgment of others points of view. I’m impressed with the seismic and geological development by CVN and Apache. The fact that CVN and a partner discovered such a sizeable premium oil find is just mind blowing. We have the oil in Dorado and D3 will provide essentials to develop it. Buffalo has the seismic, but we din’t Have the oil, as yet. From my humble perspective CVN needs to spend the scarce finances to develop what we have in Dorado. Great to have your spread sheets, but having the oil proven by three wells and a partner who has it as their top priority of five projects, then my die is cast with them. AC and team are excellent operators and have skin in the game. As I said, in my humble opinion, others are respected for holding different ones. The size of my holding is immaterial, ad I’m not expecting a retirement prize, I already have one.
 
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