CVN 0.00% 16.5¢ carnarvon energy limited

Agree SCD, looking positive.The current "overdue" ann is into a...

  1. 744 Posts.
    Agree SCD, looking positive.

    The current "overdue" ann is into a known oil producing area, so I have hope that it's a gusher and they are having trouble stabilising high flow rate (the 4000 bopd gusher was overdue when it was announced last Dec). Given the location of the well I'd say strong flow rates are likely, but ya never know.

    Current sell off just a bit of a tree-shake IMO, never known this one to be a leaky ship before.
 
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