CVN 0.00% 16.0¢ carnarvon energy limited

"Numbers are so big..they are almost unbelievable", page-17

  1. 19,072 Posts.
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    EL,

    I think as long as we (the market) understand its of similar structure to Dorado, it will be priced in by the market, IMHO.

    The crucial tests next year will be ROC S and SE.

    That will give us 3 positive results, since the Dorado discovery.

    And the market (IMHO) will extrapolate the other prospects in the same Canyon - our PAVO and APUS.

    IMHO, I think we have found a new oil source with the discovery of Dorado and that is; the Hove shale that filled the Canyon has been feeding the Caley, Baxter, Crespin and Milne sands.
 
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