Buffalo has history of production, but we still need to drill two wells to validate the theory of attic oil and a further fault compartment. If it's true then we will have another share spike like the one we have had for Dorado.
The thing with Dorado is that's it's a proven oil discovery with in a large structure. The structure is about 500m in relief and has 120m net oil in seperate columns divided by shales. We will need appraisal wells to validate the extend of fill in the greater structure. The potential is large and there are further prospects to follow up on. This is a very promising region and we have opened up a new play in the region.
Buffalo has history of production, but we still need to drill...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $272.8M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $13.34K | 88.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 136898 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1656875 | 27 |
View Market Depth
| Last trade - 13.48pm 30/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |