CVN 0.00% 15.5¢ carnarvon energy limited

Freida Thanks for your input.I still struggle to see how the...

  1. 1,068 Posts.
    lightbulb Created with Sketch. 17
    Freida

    Thanks for your input.

    I still struggle to see how the sandstones are going to deliver significantly higher production to CVN over the next year. Not enough of the development wells targeting the sandstones and not enough historical evidence of sandstone wells flowing <500 bopd as opposed to >200 bopd.

    However agree with other points you are raising. Agree with your timeline of when the gushing volcanic wells came into play around 3rd quarter 2006.

    Just lost my confidence in this one. Production spikes sure, and opportunity in areas outside the PBJV, but sustained higher production out of L44/L33 is something I need to see to believe.

 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.