CVN 3.13% 15.5¢ carnarvon petroleum limited

I am afraid......., page-2

  1. 6,447 Posts.

    Im of the opposite view. They've learnt from their previous mistakes i.e. small vertical holes and then frac.

    They've incorporated same drilling rig and operational systems as Thai Shell on virtually the same ground "next door" and have been successfull. I believe the horizontal drilling combined with the jet pump is the best combo available to suit.

    I suppose time will reveal all. Moreover one would presume they would have positive results to reveal given the AGM on Thursday and the executive options up for grabs.
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