CVN 0.00% 16.0¢ carnarvon energy limited

Well oil hit new high 123 a barrel, and that is with us$ going...

  1. 688 Posts.
    Well oil hit new high 123 a barrel, and that is with us$ going up as well. This has spooked the us regards inflation, but think we will see more strength in cvn today, given increase in oil $$$. But I don't think it will move too far today, maybe in the 70 to 73 range??

    I just wish they would get a third rig mobilised soon, so that they can have production wells going at same time new appraisel wells.

    It is good to see cvn near it's true value.

    good luck to all.

    stevero
 
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