CVN 0.00% 16.5¢ carnarvon energy limited

re-entry opportunity?, page-39

  1. 2,320 Posts.
    wait too long and it may still get away...thats the problem you never know. For example - EL did well getting out near the top - but the flip side is he also lightened around 40 or 50c (? or something like that wasn't it?).

    News may not be far off either.

    NSE J1 and J2 were both completed and just awaiting flow testing. Just development wells and very likely to flow IMO - maybe not such a big deal but people will still like to see more production flows.

    Also BoRang2 only had 10 days to finish drilling then flow tests (if warranted) - it will be significant if it does flow.

    And L44W2 - appraisal well. Only just started drilling so maybe 3 weeks until tests in? But could be very significant as this is the new find right on the concession boundary (were the royalty starts from scratch again!)
 
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