CVN - Carnarvon Energy

[benwex]

I would now like to urge all fellow holders to sit tight because this is going to be a good ride, with success like this and production still to be ramped up I see nothing but growth in the new year, may yours be a prosperous one.

I dont want to be a downer but the share price of POE has not been affected by the anouncement. Last time I looked it was down 2.3%

Hope CVN has a better reaction tommorrow and lets hope the US does not have a shocker...

This subprime mess has really been a painful episode for us all.

benwex

 

[1234]

I dont want to be a downer but the share price of POE has not been affected by the anouncement. Last time I looked it was down 2.3%

Hope CVN has a better reaction tommorrow and lets hope the US does not have a shocker...

This subprime mess has really been a painful episode for us all.

benwex

POE won't trade on this ann for another 3.5 hours.

Have another look at 11:45 AWST and get back to us.

 

[Rob 17]

I dont want to be a downer but the share price of POE has not been affected by the anouncement. Last time I looked it was down 2.3%

Hope CVN has a better reaction tommorrow and lets hope the US does not have a shocker...

This subprime mess has really been a painful episode for us all.

benwex

The anouncement was made not long ago benwex. If your up about 2am watch how the price of POE will be affected tonight.

www.tsx.com

DYOR

 

[Rob 17]

Hartleys report that recommends CVN a BUY at 89cents makes interesting reading now.

Drilling in the Na Sanun East field (“NSE”).
• Potential Flow Rates of 15,000 bopd by Dec 2008 – The currently
producing zone in Na Sanun East will be fully appraised with
development commencing in 2008 following the award of a full
production license (expected around March). This will likely see
reserves upgrades and potential flow rates of 15,000 bopd by Dec
08.


Its Dec 07 and we already have 10,000 bopd.

DYOR

 

[JTLP]

Good Old Aussie Stocks. After reading the other forums I was becoming quite hesitant about my CVN holdings...with all their talks of late anns = bad news.
But whamo, she has a massive announcement.

I would sincerely like to thank the moderators of this forum. They keep it in check and pretty free of ramping, which is a blessing as it helps to make unclouded, conscious decisions, not choices made on hype. So thanks ASF...and GOOOOOOOO CVN!!!

Good luck to all holders

 

[MS+Tradesim]

Whoopieeeee!!!!!!!!!!!!!! Champagne for Christmas! Have a great one tomorrow guys!!!!! Oh this is great!

 

[1234]

I know this means great news right now, and tomorrow.

Next year I'm sure CVN will cement as a genuine interest for investors alike.

Sleep tight, if you can...........................

 

[MS+Tradesim]

BTW, 1234 where do you find POE ann? I looked on tsx.com but couldn't find it under POE. Can you divulge your source?

EDIT: Doh!!! Forget it...I found it. Just didn't look carefully enough. Cheers.

 

[MS+Tradesim]

Just noticed this tidbit in the ann:

"Pan Orient has been informed by the Thailand Department of Mineral Fuels that this is the highest flow rate ever achieved by any oil well drilled onshore Thailand."

With a minimum 150m oil column??!!

 

[1234]

BTW, 1234 where do you find POE ann? I looked on tsx.com but couldn't find it under POE. Can you divulge your source?

EDIT: Doh!!! Forget it...I found it. Just didn't look carefully enough. Cheers.

Yeah, Marketwire always releases early.

Congrats all holders!

Merry Christmas.

Gotta love how tight this stock is.. except the increased volume 2 days before each positive ann!!! predictable I don't mind.. reassuring I call it..

 

[Riles]

WOW! how good is that!!
In one fell swoop they have just added over 4500 bopd

Sidetracked well, NS6-D1A is free flowing 35.5 API oil at a stabilized pre-cleanup rate of 615 bopd

and...
Deviated well L44H-D1 is flowing at a sustained, stabilized rate of approximately 3,940 barrels per day

and then...
These test results at L44H-D1 confirm an oil column at Na Sanun East ("NSE") of a minimum of 150 meters.

10,000 bopd now - 4,000 to CVN up from 2,500.
This is turning into something major and will have a big effect on reserves estimates. Not to mention cash flow - oh yeah and share price appreciation!!

Congrats to all holders. It doesn't get much better than this. More to come yet with WB deep targeting another 200m column.

 

[Trader Paul]

Posted 06062006:

Hi folks,

CVN ... so much for the "oil experts" ... this
stock has not stopped ticking up, since they
were bagging it down at 2 cents !~!

We will be alert for more good news from CVN,
early next week, around 12-13 June 2006.

07-10 July 2006 and 01 August 2006 also looks
positive for CVN .....

Will be alert for a high, around 16-17 August 2006.

happy days

yogi

Hi folks,

CVN ... congratulations to longer-term holders, who have shown faith
in the CVN "Thai Story" ... they have been duly rewarded ...

... now, where's that self-proclaimed "geo guru", who said he wouldn't
give a carton of beer for CVN stock, back when it was trading at less
than 2 cents ...

..... another "expert" eats his words ... !~!

happy days

paul

P.S. ..... and as a bonus, our astroanalysis tells us, that CVN
will be BOOMING from around 25022008 - to - 07032008 ... !~!



=====

 

[shaunm]

So guys what are we expecting to happen today, anything like what happened when INP announced their oil find or something not quite as monumental?

 

[doogie_goes_off]

Quote: "So guys what are we expecting to happen today, anything like what happened when INP announced their oil find or something not quite as monumental?"

Hi ShaunM,
POE has stacked on $CA 1.40 or 14% or so, however as an overall oxposure CVN is leveraged better towards this project so we should see 70c plus IMO.

 

[Rocket man]

Quote: "So guys what are we expecting to happen today, anything like what happened when INP announced their oil find or something not quite as monumental?"

Hi ShaunM,
POE has stacked on $CA 1.40 or 14% or so, however as an overall oxposure CVN is leveraged better towards this project so we should see 70c plus IMO.

Hi guys
Inexperienced beginner here- can someone plz tell me what IMO and JORC stands for ?

Thanks

 

[chewy]

IMO = In My Opinion

JORC = is the accepted standard/code for reporting on resources and reserves

 

[imaginator]

CVN baby! It's 0.715 now!

Seems more buyers than sellers too!

ANYONE HERE think its time to cash out and sell???????????????


I mean yesterday was only 0.56

 

[MS+Tradesim]

Check out the game playing in the order depth. Possibly a crazed bot. Also seems to be sell props at .73 and .735 (not visible on this pic tho)

 

[imaginator]

Ok guys, lets talk about the future of CVN. Anymore new drilling reports coming up? When is the next? How many next year?

I am happy I had faith in CVN, it gave me a return of 30% in about 2 mths. Could've shown more faith if i picked up more units, but im very happy with the result nonetheless. Now looking back I shouldve bought more when it was 0.48 about 2 weeks ago... I actually bought a lot before that at 0.58.
Anyway, lets talk about the near future, need to evaluate if I should pick up more, or sell soon like I did with my RAU.

 

[jtb]

Ok guys, lets talk about the future of CVN. Anymore new drilling reports coming up? When is the next? How many next year?

I am happy I had faith in CVN, it gave me a return of 30% in about 2 mths. Could've shown more faith if i picked up more units, but im very happy with the result nonetheless. Now looking back I shouldve bought more when it was 0.48 about 2 weeks ago... I actually bought a lot before that at 0.58.
Anyway, lets talk about the near future, need to evaluate if I should pick up more, or sell soon like I did with my RAU.

Congratulations to all holders, excellent results and always good for the junior / mid tier oilers as a whole when we see continued success such as that achieved by CVN.

As to their value/future imaginator you'll have to look around as theyv'e been very expensive for quite some time now on any kind of fundamental analysis so you have to weigh up how big you think the fields are?

Look at someone like Pan Pacific for peer value on flow rates around 5000bopd.

I personally prefer to look at reserves and potential upside, so for their $500 million market cap you'd want to see underlying reserves/upside of around 50million barrels (100% held not 40%) to get an idea of value (imo).

Best of luck with her and well done