CVN 1.79% 27.5¢ carnarvon petroleum limited

what happened

  1. 69 Posts.
    Gut feel is that the original NS1 was allowed to flow water into the oil zone due to faulty cement job. This may account for a big bubble of water at the new NS1.

    On this basis NS1 RD may eventually flow good oil rates, but I am not holding my breath on that one. More likely scenario is that any new holes on the extremities of the field will have better flow rates of oil due to unintended water flooding from the NS1 cement job.

    If we get any new holes on the extremities of this field it will prove up the resource and stack up some numbers for the resource calculation. At this point things should get interesting.
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