CVN 0.00% 16.5¢ carnarvon energy limited

poe update, page-26

  1. 13,252 Posts.
    l think your talking about the drilling fluid which was lost into the reservoir, which is not water. There is know way of knowing water cut until testing and clean up have finished as drilling fluid will come back up eventually
    well will clean up and give a flow rate and true indication of cut. L hope this answers your question as it was hard to understand. L think it won't be long and cvn will get back up into high 50's a good announcement and even a reservoir that deep that will really help when reserves are calculated. And from instos and funds point of view this will really be a clincher on whether to change from a neutral to a accumulate this is when all holders will really see benefits, As nervous holders will leave and funds and instos will long term hold.
 
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