CVN 3.23% 16.0¢ carnarvon energy limited

I'd rate it a B-, new reserves are new reserves."Plans are...

  1. 743 Posts.
    I'd rate it a B-, new reserves are new reserves.


    "Plans are currently underway to target this same zone in a structurally much higher position on the high (east) side of the main bounding fault, that in the success case, sets up three to four additional future locations."

    I'm reading the 3-4 locations (with multi-well pads?) as it being modest but still a solid find.
 
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