CVN 2.63% 18.5¢ carnarvon energy limited

There are several comments on this forum implying that we should...

  1. 136 Posts.
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    There are several comments on this forum implying that we should not be acquiring more 3D seismic....

    • A lot of the area covered by the Bedout permits has not yet been covered by 3D....
    • ....and quality 3D data is necessary to ensure that we do not throw away good prospects when we eventually have to relinquish a large proportion of the acreage....
    • This 50% acreage relinquishment has successfully been deferred by the JV several times, but the requirement to do so under the terms of the original permit grant is looming very large.
    • Remember that no-one had any idea about the existence of Dorado etc until it was first seen on the newly acquired Capreolus 3D seismic data....
 
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