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CVN - Carnarvon Petroleum

Discussion in 'Stocks 0-H' started by yogi-in-oz, Jun 6, 2006.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Miner

    Miner

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    @BlindSquirrel - I am wondering, if you meant to publish the video on BRU thread and instead published on CVN to be safe :) :)
     
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  2. BlindSquirrel

    BlindSquirrel

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    sneaky little 23% increase today after announcement:
    [​IMG]
     
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  3. Trav.

    Trav.

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    Gringotts Bank, Miner and rnr like this.
  4. Miner

    Miner

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    Hmm. Reading your posting of Monday and gather it was not for BRU for sure. But on Monday how could you sniff? May oil companies forget about all those scanners and hire you instead. LOL :)
    Nonetheless, good work mate
     
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  5. BlindSquirrel

    BlindSquirrel

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    I've been following them closely. The quote that really gets me hot and bothered was from Fred Wehr from Quadrant at the time "the low case is solidly commercial, the mid-case is awesome and the upside is staggering."
    I'm not trying to time it, but the drill bit has been doing its thing for a month or two now so there will be more announcements to come - I trust that they will say the right things.
     
  6. Miner

    Miner

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    Happy days are returning for CVN and STO holders hopefully now on wards:)
    https://www.asx.com.au/asxpdf/20190606/pdf/445ndkpn8yfbpd.pdf
    https://www.asx.com.au/asxpdf/20190606/pdf/445nd80w9wy5nz.pdf
     
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  7. Miner

    Miner

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  8. Trav.

    Trav.

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    52wk high is $0.695 so if we break that today / tomorrow then it will be very very interesting.
     
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  9. Ann

    Ann

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    Carnarvon Petroleum confirms major resource at Dorado oil field

    Wireline logging by Carnarvon Petroleum (ASX: CVN) at the Dorado-2 joint venture appraisal well on the North West Shelf of Western Australia has confirmed pre-drill expectations of a major oil and gas resource at multiple reservoir levels.


    Commencing in May, the well was drilled down-dip approximately 2km from the Dorado-1 discovery in the offshore Bedout Basin and encountered 85m of net reservoir in the primary Caley formation.


    An expected oil-water contact was intersected at 4,003m depth, with 40m of net oil pay encountered in Caley and an additional 11m encountered in the Upper Caley sands.


    Preliminary well-site analysis indicates the oil bearing potential of the upper zone and is subject to further analysis to confirm the hydrocarbon phase. More...
     
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  10. Miner

    Miner

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    Mate
    I was hoping to hear from you as well with, lots of oil and gas on the Dorado floor to sniff :)
     
  11. Trav.

    Trav.

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    Here we ago again. Hopefully CVN continues to find the good stuff

    upload_2019-6-18_7-18-5.png
     
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  12. Trav.

    Trav.

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    Another update released today, all going well at Roc South-1
    upload_2019-6-24_13-0-59.png
     
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  13. Miner

    Miner

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  14. Trav.

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    @Miner this is a bit unexpected hence leaving me a little concerned as they gave an update on the 2/7 for the drilling of Roc South-1 with the following as a plan and I am surprised that they have achieved this in such a short time.

    Forward Plan
    Set and cement the 13-3/8” casing and drill ahead in 8-1/2” hole to planned section depth of approximately 4,500 metres MD. The Caley and Baxter Members are anticipated to be encountered in the 8-1/2” hole section. Wireline logs will be run over the Caley and Baxter Members before setting a 7” liner and drilling ahead to the deeper objectives.
     
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  15. Miner

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    @Trav.
    I agree. But learning from one of the stalwarts like @kennas I am trying to see silver streak on a dark cloud. Hence my positive feel until the halt is out :)
     
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  16. barney

    barney

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    I just had a read of their announcements and was about to say the same thing Trav.

    Normally early "Results" would have a positive slant, but the dip in the SP on 2nd July and yesterday is a bit concerning. Hope its good news for you guys:cautious:
     
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  17. BlindSquirrel

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    I'm optimistic. They've already found oil in the area and if it was a duster then they would be finishing the drill before releasing a result.

    Happy to eat crow, but:
    [​IMG]
     
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  18. BlindSquirrel

    BlindSquirrel

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    upload_2019-7-4_9-14-22.png
     
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  19. Garpal Gumnut

    Garpal Gumnut

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    CVN is one of the stocks I have "traded" in my SMSF.

    It is best to buy it below 10c.

    It is best to sell it above 60c.

    I've fiddled about in between.

    It's done it's 60c again so from a charting perspective if I held it now I would sell.

    In the past declarations of drilling intentions or results have been unhelpful for me.

    Just my opinion.

    A 10 year chart.

    cvn.gif

    gg
     
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  20. Ferret

    Ferret

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    I'm wondering if they might have had a takeover approach from Santos.
     

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