CVN 0.00% 28.0¢ carnarvon petroleum limited

multiple resevoir zones

  1. 3,891 Posts.
    Intresting to note that each of the succesfull and potential areas of oil strikes have 4 /5 zones with which they have, to further drill into.POE 9 hit a good flow rate in zone 2 with a possible pay zone at the base of zone 2 and a further 3 other zones to drill into.
    ns4 has hit on the first zone with at least 4 deeper volcanic targets to be evaluated.And now ns1 whilst not what we anticipated has another 4 additional volcanic zones yet to drill into.(2 of which are highly prospective based on the previous drilling).A long long way to go yet...Also the new drills within the poe9 structure when you look at the mapping would appear to give great reason to feel confident of futher strikes of oil and the drilling there will be staring this month.
    all up there are very good reasons to feel that the oil fields are going to produce... and that the jv are on their way to unearthing a sizeable reserve of oil.
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