CVN 4.76% 30.0¢ carnarvon petroleum limited

Flow rates?

  1. 1,317 Posts.
    With CVN's new wells about to be tested question in my mind is what flow rates the market would regard as successful. For me the benchmark is the 200 bopd which initially flowed from one of the old wells. Anything less than that would be very disappointing to say the least given that the new wells are supposedly in a better, potentially more productive, section of the reservoir, the well bore is larger and they have used different drilling mud. 200-400 bopd would be great, anything more than 400 bopd from each of the three wells would suggest CVN has hit the jackpot. Wadayatink? jbc
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
(20min delay)
Mkt cap ! $469.3M
Open High Low Value Volume
31.5¢ 31.5¢ 30.0¢ $723.5K 2.357M

Buyers (Bids)

No. Vol. Price($)
20 516446 30.0¢

Sellers (Offers)

Price($) Vol. No.
30.5¢ 207852 4
View Market Depth
Last trade - 16.10pm 21/02/2020 (20 minute delay) ?
-0.015 ( 3.17 %)
Open High Low Volume
31.0¢ 31.5¢ 30.0¢ 525991
Last updated 15.59pm 21/02/2020 (live) ?
CVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.