CVN 1.59% 31.0¢ carnarvon petroleum limited

I am afraid.......

  1. Yak
    13,672 Posts.
    If ya cast your mind back to my previous posts after speaking with the firm, there was a strong feeling that the co was attempting to achieve flow rates in its own way and that THIS would be the measure of any success. Live or die by it!!

    Now if ya look at the ann on Fri last week they made a comment that the well didnt flow to surface but that they were hopeful flow would occur with a jet pump.

    I am advised the wax content of the oil makes it a difficult proposition and the methodology being employed may not work at all.

    The co made it clear they would walk away if this occured.

    Be warned.....

    I'd sell - I have.
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