CVN 4.76% 20.0¢ carnarvon energy limited

CVN confirms sale of test Oil, page-2

  1. 6,447 Posts.
    CVN requires patience. Eventually they will get there. They are sitting on proven and probable reserves. So the oil is there and given a bit of time more wells will come onto line and BOPD will increase allowing the proving up of the "structure" which is open to the north which is where the good oil looks like being. Remember that "next door" oil is being pumped successfuly on virtually same ground and methodology. Expect increase in reserves and acceptable flow rates for executive options to be approved at AGM.


    As always, do your own research.
 
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