CVN 0.00% 19.5¢ carnarvon energy limited

borojoa Its a steep learning curve with volcanics and not easy...

  1. 268 Posts.
    borojoa
    Its a steep learning curve with volcanics and not easy to define like sandstone reservoirs. As can be seen with history (since POE9) many of these zones have prove fruitless, however the northern areas seem to be returning some positive results in the other zones. Its far from text book and more like hit and miss, but remember that for every hit or miss they gain knowledge of where to target next to maximize their success on the infill well/s. Shareholders (as a species) are a rather impatient lot, and unfortunately due to size and complexity will take decades to delineate.

    EL we might normally be lucky, but not with idiots and fools like these labor cronnies at the helm. Bad management can send even the best companies to the wall and labor are the best wrecking ball known in oz politics. You need men like Charlie Court who look after your countries "REAL WEALTH" and have an understanding of what made this country what it was. Take away our resources in WA, NT and QLD and your not left with much income. Our only other strength "Invention" is all left to go OS.
 
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