CVN 0.00% 17.0¢ carnarvon energy limited

Fundamental Value, page-86

  1. 3,635 Posts.
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    Both assets have upside, but Dorado is frontier big boy sized in shallow water which is an unusual combination. Apus and Roc add ons are probably the first lot of potential prospects as there are probably other trapping styles yet to be tested here. Hence plays come in on other round of drill targets.

    Buffalo could easily yield one or two more prospects of reasonable size. With all the seismic work CVN have done it wouldn’t surprise me a few reasonable prospects come up as add ons.

    The luck of the drill bit will reveal the truth. Best of luck holders.
 
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