CVN 1.61% 15.8¢ carnarvon energy limited

Cint/HarleeThe item is in the WA Sundat Times;Ian Parker from...

  1. 19 Posts.
    Cint/Harlee
    The item is in the WA Sundat Times;Ian Parker from Hartleys;"Recent drilling in the L44-R well in Thailand showed the existance of oil in volcanic reservoirs in the southern part of the producing NSE oilfield.This should have positive impact on the potential of several other prospects in the area.There should also be significant news in coming weeks,with an upgraded reserves report and results from the POE-9A well.The March quarterly should reveal a strong cash flow and provide a catalyst for re-rating." He recomends a buy.
 
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