CVN 6.45% 16.5¢ carnarvon energy limited

correction just beginning, page-5

  1. 1,122 Posts.
    Just re-read the last update and conceivably the news about flow rates from NS8-D1 and NS2-D1 in the next 2-12 days could double the production from the NS and NSE oil fields. They are being drilled very close to already producing wells and are already showing significant mud losses in highly fractured intervals as the previous producers have in NS and NSE.

    IMO the chances of decent flow rates from these wells is very good and decent flow rates are what will drive the sp alone.I am not going to guess on flow rates, i will leave that to Mikayla Nostradamus...

    Therefore trading/taking profits off the table at this point is not an option for me but buying on any weakness certainly is.

    Anyway that's just my thinking...



 
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