CVN 1.72% 14.8¢ carnarvon energy limited

munch munch munch, page-237

  1. 1,656 Posts.
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    My take for what it's worth is that they wouldn't have done the wirelogs while in net pay. If that's the case , the lower section, while still hydrocarbon bearing , would be in what will ultimately be part of the gross pay. There could be further hydrocarbons in the two lower sands so could still be a double decker. If not ,it's still a'bloody marvellous " find so I wouldn't be losing any sleep over the 175 m mentioned, as I doubt there would be net pay in the extra 75 metres. Would love to be wrong and looking forward to PS3 and anything more from "El Dorado". Have been out of CVN since the run to 80c but bought back in at 25.5c. I bought a car last time and am hoping to repeat the effort as this discovery is looking really first class. Good luck to all holders. My main holdings these days are in FAR and PCL. Well worth a look!
 
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