CVN 0.00% 15.5¢ carnarvon petroleum limited

WBN 5 is a dud?, page-2

  1. 1,317 Posts.
    You could say it was a dud I suppose but what it does do is confirm the better reservoir characteristics the further north you go. So what do they? Drill more wells to the north?
    Not as good as people would have wished and not enough to send CVN into the stratosphere but all they really need is enough barrels to meet payments to Gemini and fund further development and exploration. Looks like CVN holders (and I am one) are going to have to wait a while for the jv to realise the potential that seems to be there. JBC
 
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