CVN 0.69% 35.8¢ carnarvon petroleum limited

Oil to the surface

  1. 1,317 Posts.
    PTE reported today that testing of WBN4 began on Sunday. Oil flowed naturally to the surface infarastructure which I guess is a good thing. Well has been shut in for a while since being perforated so you would expect a pressure build up. Flow rates to be reported in a week to ten days. Lets see what the market makes of this preliminary report tomorrow but so far so good. JBC
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