CVN 0.00% 20.5¢ carnarvon energy limited

selling ourselves,.or not daring to hope..., page-2

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    Note-the heading should have read..." "selling ourselves short....." Now to the "excellent news" part of this post- where watchers havent yet grasped what could be happenning at WB,nor scarcely have had time to...Correct me if I am wrong but I cant remember any CVN well before that announced a big opd figure and 1 month later announced an even bigger one. CVNs history shows 2 patterns, in the opposite direction- wells like the modest 700 bopd SS that produced like a freshly opened coke bottle ,then "collapsed" only a few days later to a figure that history now shows is more appropriate as a top figue for a well of this type. and wells that started off at high levels then produced at significantly lower rates down the track e.g. 3900 became 3300... To save you looking it up- the 29/7 ann. re WBext1 said "over 2500", the 12/8 ann. said "over 2500" and the 27/8 ann. said " 3360 per day from 12/8 to 27/8". At his point I should say that the SS well programme could be put on hold in favour of a strictly volcanic programme at WB if my conclusions re the volcanic prospects are as good as I think they could be.
 
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