Company
Carnarvon Energy Ltd
ASX:CVN
Carnarvon Energy Ltd (ASX:CVN) has set its sights on unlocking the largest oil field in WA’s North West Shelf.
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Carnarvon Petroleum vastly improves confidence in targets near Dorado oil & gas discovery
New 3D seismic data has resulted in an aggregate prospective resource estimate of 293 million barrels of oil over the Apus, Petrus and Kepler targets.
Carnarvon Petroleum plans FEED activities as Dorado development concept definition advances
The FEED program will fully define the scope and plan for the project so that a final investment decision can be made by the joint venture in 2021.
Carnarvon Petroleum appoints replacement with long-serving chairman to retire
The company is confident the new chairman will support progress towards the development of the Dorado joint venture project.
Carnarvon Petroleum focused on progressing Dorado oil & gas development
The company is targeting an investment decision in 2021 depending on market conditions.
Carnarvon Petroleum to discuss plans to unlock large oilfield on North West Shelf at Proactive webinar
The oil & gas focused webinar on Tuesday, July 14, will see three companies presenting ahead of a Q&A session.
Three companies to present at Proactive oil & gas focused online webinar next Tuesday
The oil and gas focused webinar will see three companies presenting ahead of a Q&A session at the end.
Carnarvon Petroleum reveals new seismic data set providing clearer view of Dorado and Roc fields
The Keraudren 3D seismic data was acquired in 2019 using world first ‘source over streamer’ technology.
Carnarvon Petroleum progresses development work for Dorado oil & gas discovery
Expressions of interest received for the well-head platform reflect positive industry interest in the Dorado JV with Santos.
Carnarvon Petroleum secures 70% of permit near Swell-1 gas discovery
The company has secured operator status at the Outtrim project which includes Top Triassic Mungaroo gas targets.
Carnarvon Petroleum’s strong cash position supports ongoing Dorado development
The company has progressed with fieldwork planning for the Dorado joint venture over the March quarter.
Carnarvon Petroleum continues Dorado Project development as planned
Planned seismic acquisition programs in the 2020 calendar year are expected to be deferred until market conditions improve and vessel logistics are not constrained by health issues.
Carnarvon Petroleum confident strong cash reserves will help it ride out the coronavirus
The company’s strategy has always been to target projects that could produce in low cost environments and absorb extreme economic events - such as the COVID-19 virus.
Carnarvon Petroleum has strong vision for economic development of Dorado field
The company is focused on progressing its Dorado asset offshore Western Australia to production and undertaking exploration on potential targets in the surrounding region.
Carnarvon Petroleum managing director makes on market share purchase
The company has a portfolio of oil and gas projects across the North West Shelf offshore Western Australia.
Australian energy outlook holding steady amid falling oil price and coronavirus outbreak
Australia reached record petroleum and gas production in 2019 and while companies continue normal business activities, the full economic impact of the coronavirus and falling oil prices remain to be seen.
Carnarvon Petroleum’s Bill Foster buys shares on-market
Carnarvon has a portfolio of oil and gas projects across the North West Shelf located offshore Western Australia.
Carnarvon Petroleum to discuss Dorado JV development and exploration plans at Proactive CEO Sessions
Carnarvon and partner Santos are targeting further exploration drilling as the Dorado project enters the development phase.
Carnarvon Petroleum receives early indications of quality seismic survey data within Dorado Oil & Gas field
The data quality is a marked improvement over the previous Capreolus 3D data, with interpretation work having begun as further comprehensive data processing continues.
Carnarvon Petroleum’s 2019 work at Dorado will support transformation to producer
Interval flow testing indicates very high potential flow rates of around 30,000 barrels per day from each production well in the Caley reservoir at Dorado.
Carnarvon Petroleum buoyed by release of early concept select information for Dorado project
Joint venture partner and project operator Santos released the information during its Investor Day presentation.
Carnarvon Petroleum director shows faith in oil & gas strategy with on-market purchase
Carnarvon’s Dorado is this century’s largest liquids discovery in the North West Shelf of Western Australia.
Carnarvon Petroleum chairman reflects on significant milestones at AGM
Carnarvon’s Dorado is this century’s largest liquids discovery in the North West Shelf of Western Australia.
Carnarvon Petroleum in trading halt with results pending from Dorado-3 well
The halt will remain in place until the start of trading on Wednesday, October 9, or when an announcement is released.
Carnarvon Petroleum begin well testing Caley reservoir at Dorado oil and gas field
This will be the second and final flow test from the Dorado-3 appraisal well after the first exceeded expectations.
Carnarvon Petroleum partner Santos says Dorado “one of the most exciting growth projects” in portfolio
Carnarvon shares were up almost 5% to an intra-day high of 43.5 cents while Santos shares were up more than 1% to an intra-day high of $7.875.
Carnarvon Petroleum and partner record strong flow test rates in Baxter Member
The rates in the Dorado-3 appraisal well exceeded the JV’s pre-test expectations and were limited to surface equipment capacity.
Carnarvon Petroleum prepares for flow testing Dorado-3 well
The company aims to finalise development plans for the Dorado project and test the Buffalo resource in 2020.
Carnarvon Petroleum to talk road ahead at Proactive CEO Sessions after major discoveries
Carnarvon and its partner made one of the ASX’s most significant oil and gas discoveries in 2018.
Carnarvon Petroleum shares rise on successful wireline logging of Dorado-3 well
The wireline results from the Dorado-3 well strongly support progressing to the two planned flow tests of the Caley and Baxter intervals.
Carnarvon Petroleum signs production sharing contract for Buffalo oil field re-development
With the signing of the PSC over the Buffalo oil field and surrounding exploration acreage, Carnarvon has clarity on the way forward for this project.
Carnarvon Petroleum director increases holding by participating in SPP
Non-executive director Gavin Ryan has acquired shares with a total value of $15,000.
Carnarvon Petroleum finds indications of hydrocarbons in Dorado-3 appraisal well logging
At 6am this morning the well was drilling in eight and a half-inch hole size at a depth of about 4,357 metres MD.
Carnarvon Petroleum closes share purchase plan after raising $3.5 million
The company’s Dorado-3 well is the second appraisal of the Dorado oil and gas field which was discovered in 2018.
Carnarvon Petroleum’s Dorado-3 appraisal well reaches 3,878 metres depth
The Dorado-3 well has been designed to enhance the subsurface characteristics and confirm reservoir productivity.
Carnarvon Petroleum drills past 3,180 metres in Dorado-3 appraisal well
Dorado-3 is the second appraisal well on the Dorado oil and gas field offshore Western Australia.
Carnarvon Petroleum drills a 26-inch hole within the Dorado-3 appraisal well in WA
The Dorado oil and gas field is part of the Phoenix project acreage, jointly owned by Santos (80%) and Carnarvon Petroleum (20%).
Carnarvon Petroleum commences drilling Dorado-3 offshore well
The company is well funded after recently raising $79 million in a share placement.
Carnarvon Petroleum raises $79 million to progress Dorado Project
A share purchase plan (SPP) to raise an additional $5 million will follow the placement taking the total capital raising to $84 million.
Carnarvon Petroleum about to drill second appraisal well at Dorado oil & gas discovery
Dorado-3 well has been designed to enhance confidence in the subsurface characteristics and confirm reservoir productivity.
Carnarvon Petroleum’s independent report confirms major Dorado oil & gas resource
MD: “The independently evaluated best case estimate of 162 million barrels for the Dorado liquids resource confirms we have discovered a very large field and a significant asset on the North West Shelf.”
Carnarvon Petroleum tagged as buying opportunity by Euroz
Perth-based broker Euroz sees the recent pullback in the share price as a buying opportunity for investors.
Carnarvon Petroleum continues with Roc South-1 well to test deeper targets
The exploration well offshore WA will be drilled down to the planned total depth of 5,100 metres.
Carnarvon Petroleum has results pending from Roc South-1 exploration well
The company has been granted a trading halt by the ASX until Monday, July 8, or when an announcement is released.
Carnarvon Petroleum at 4,113 metres depth with Roc South-1 oil & gas exploration well
The well has primary objectives in the Caley, Baxter, Crespin and Milne members of the Lower Keraudren Formation.
Carnarvon Petroleum Roc South-1 exploration well reaches 2,710 metres depth
The well is being drilled offshore from Port Hedland in Western Australia.
Carnarvon Petroleum begins drilling Roc South-1 well offshore WA
Roc South-1 is targeting similar structure and hydrocarbons to Dorado.
S&P/ASX 200 rises for a third straight session
Santos and Carnarvon Petroleum announced the discovery of a major oil and gas resource off the coast of Western Australia.
Carnarvon Petroleum appraisal confirms major Dorado oil and gas resource, shares up
The Dorado-2 appraisal well has highlighted the potential for Carnarvon to transform into a significant producer.
Carnarvon Petroleum commences new 3D survey to develop new targets
It was 3D data that enabled the discoveries of Dorado and Roc in WA-437-P.
Carnarvon Petroleum’s initial Dorado-2 indications reveal similarities to Dorado-1 discovery
Increased resistivity observed from Logging While Drilling tools indicate porous and permeable zones with indications of hydrocarbons.
Carnarvon Petroleum and partner about to start coring at Dorado-2 appraisal well
Approximately 200 metres of full well-bore core will be cut and extracted over the Caley and Baxter reservoirs.
Carnarvon Petroleum advances to next section of Dorado-2 appraisal well offshore WA
It is the first appraisal well to follow last year’s discovery of the world-class Dorado oil and gas field.
Carnarvon Petroleum starts appraisal well at major North West Shelf discovery
The Dorado project joint venture is preparing to drill the 17-1/2 inch hole section of the Dorado-2 appraisal well.
Carnarvon Petroleum mobilises drilling rig for Dorado-2 appraisal well
Dorado-2 well is the first appraisal of the Dorado discovery made in 2018, which is one of the largest oil resources ever found on the North West Shelf.
Carnarvon Petroleum advances world-class Dorado discovery with appraisal to start next month
At the end of the quarter, the company held a strong cash balance of $93.3 million following the $50 million capital raise to fund appraisal and exploration activities.
Carnarvon Petroleum non-executive director buys more shares on market
Carnarvon has attracted a great deal of interest with its oil & gas story in the last 12 months.
Carnarvon Petroleum oil and gas story expected to have many more pages
Company CEO Adrian Cook presented to investors at this week’s Proactive CEO Sessions.
Carnarvon Petroleum’s Dr Peter Moore buys $42,000 worth of stock
Last week, it was revealed that CVN will enter the S&P/ASX 300 (INDEXASX:XKO).
Investments and investor services
Carnarvon Petroleum into S&P/ASX 300 – AC8, BGL, PAR into All Ordinaries
The rebalance changes are effective at the open of trading on March 18, 2019.
Po Valley Energy to update on Italian gas progress during Proactive CEO Sessions
The company has recently declared a maiden gas reserve estimate for the onshore Selva Malvezzi field northeast of Bologna.
Carnarvon Petroleum to outline its progress at Proactive CEO Sessions following a landmark period
Carnarvon recently raised $50 million to be applied towards appraisal and exploration activities on Australia’s North West Shelf.
Bass Oil will update on strong production, increased reserves at Proactive CEO Sessions
Earlier this week, Bass upgraded the proved oil reserves at the Tangai Sukananti fields onshore Indonesia.
High Peak Royalties to outline potential for higher oil & gas income at Proactive CEO Sessions
Owning royalties is a proven and highly valued business model and High Peak has enormous potential in its portfolio.
Carnarvon Petroleum raises $50 million to fund world-class Dorado discovery
Drilling of the Dorado-2 and Dorado-3 wells to follow up the Dorado discovery is planned.
Carnarvon Petroleum launches $50 million placement
The placement will be conducted via a bookbuild to institutional and sophisticated investors.
Carnarvon Petroleum adds third well to 2019 program at Dorado oil, gas and condensate discovery
The Roc South-1 exploration well has a relatively high chance of geological success of 63%.
Carnarvon Petroleum readies Dorado appraisal for final investment decision in 2020
The company aims to expand its portfolio of hydrocarbon resources as it prepares oil and gas projects for production and continues its regional exploration work.
Carnarvon Petroleum secures jack-up drill rig for appraisal program at Dorado discovery
The 2019 drilling is aimed at enhancing understanding of the volume of recoverable oil, gas and condensate resources.
High Peak Royalties’ Australian and US royalties to deliver revenues with low overheads
High Peak claims royalties from oil and gas endeavours on Australian and US landholdings.
Carnarvon Petroleum focusing on four key areas
Managing director Adrian Cook has released a letter to shareholders this morning.
Carnarvon Petroleum director increases shareholding through on-market trades
Carnarvon is advancing its highly successful oil discovery at the Dorado-1 well offshore Western Australia.
Carnarvon Petroleum has strong potential to add to oil bounty of Dorado-1
Three additional prospects are estimated to contain significant quantities of oil, gas and condensate.
Carnarvon Petroleum plans to drill Buffalo oilfield redevelopment taking shape
Field surveillance has found no impediments to the proposed location of wells for targeting the identified attic of oil.
RIU GoodOilConference Perth attracts oil and gas plays on the hunt for juniors
Vertical Events’ managing director expects the conference might prompt some merger and acquisition activity.
Carnarvon Petroleum progressing one of the largest oil resources ever found on the North West Shelf
Multiple highly attractive development projects in shallow water on the North West Shelf of Western Australia.
Carnarvon Petroleum to relate its oil and gas story at Proactive CEO Sessions
Managing director Adrian Cook will outline developments at the Phoenix and Buffalo projects.
Carnarvon Petroleum welcomes Santos move on joint venture partner Quadrant
The acquisition proposal comes as Dorado-1 oil discovery is confirmed as the North West Shelf’s third largest.
Carnarvon Petroleum Dorado discovery “one of the largest oil resources ever found on the North West Shelf”
Assessment of the hydrocarbon volumes within the Dorado structure has revealed an oil resource of 171 million barrels.
Carnarvon Petroleum’s oil exploration strategy continues to generate significant shareholder value
The Dorado is a remarkable discovery and Carnarvon is expected to report on the volumetric estimates soon.
Carnarvon Petroleum reveals Phoenix South-3 well wireline evaluation results
Hydrocarbons were observed from around 5,173 metres depth to the lowest closing contour.
Carnarvon Petroleum intersects porous sandstone in Phoenix South-3 well
This is one of two wells being drilled within the Canning Basin offshore Western Australia.
Carnarvon Petroleum shares surge following additional oil discoveries
Total hydrocarbon net pay extended to 132 metres in the Dorado-1 well.
Carnarvon Petroleum granted ASX halt as it awaits further results from Dorado-1 well
The halt will be in place until the start of trading on Wednesday or when an announcement is released to the market.
Carnarvon Petroleum’s Phoenix South-3 well close to primary gas and condensate target
The well on the North West Shelf has reached a 5,210 metres measured depth on its way to around 5,500 metres.