I would have thought that oil flows in the north fault compartment extends the structure some 7km northwards of POE 9. Regardless of flow rates this would be a fantastic result and add considerable reserves and therefore easily justify the current share price. In addition, flows from the lower zones would extend the reserves even more significantly.
Time will tell.
I would have thought that oil flows in the north fault...
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 15.5¢ | $627.4K | 3.817M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 306000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 374569 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |