CVN 5.88% 16.0¢ carnarvon energy limited

https://d28rz98at9flks.cloudfront.net/37050/37050.pdfGreat info...

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    https://d28rz98at9flks.cloudfront.net/37050/37050.pdf
    Great info and data on the discovery wells of the Gippsland basin, back in the late 60’s. Kingfish discovery- still largest ever oil discovery in Aus.
    Over a billion barrels. Areal closure 80skm, vertical closure 66m. Dorado is twice the vertical!
    Disclaimer I know nothing about all this stuff!! Just a Joe Blow pissing in the wind waiting for the wind direction to change.
    But my researching and reading led me to this and I found it very interesting. Weirdly the whole play reminds me of ours, at least I want it to. Anyway, if anything it’s a good history lesson ✌️
 
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