CVN 0.00% 19.5¢ carnarvon energy limited

thankyou sellers, page-8

  1. 11,875 Posts.
    Yes thanks Woodgnome

    Just what I wanted to hear. I wish their announcements were a bit more informative!

    Can someone answer me this question - maybe I should give them a call myself, or walk up to their office from my place, its just around the corner!

    Why dont they just sink a couple of big producing wells near L44H and then concentrate on exploration outside this block? I mean once this SRB tax kicks in, they need to concentrate on finding oil outside this block. It seems to me they are wasting time drilling exploration wells inside this block. Ok they can increase their reserves, but does that matter as much as finding oil in new places?
    waddaya think everybody?

 
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