“Currently, we estimate the net oil pay is around 80 metres and with more drilling still to come this is very exciting for Carnarvon Petroleum.
“With multiple targets still left, the focus now is to complete the drilling program through the Baxter, Crespin and Milne members.
“In April we highlighted the possibility that the Dorado structure could contain a substantial oil accumulation.
“Given this outcome has now occurred, Carnarvon will make an assessment of and issue a revised volume estimate as soon as we possibly can once drilling operations have finished.”
[ATTACH] “Currently, we estimate the net oil pay is around 80...
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $99.67K | 646.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 256723 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1330643 | 12 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |