Carnarvon Petroleum Ltd and partner update on Phoenix South-2 well
Phoenix South-2 will be drilled down to a total depth of around 5,500 metres.
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 Ltd to benefit from resource estimate
Quadrant is the operator of the project area and holds 80%, with Carnarvon 20%.
Carnarvon Petroleum Ltd: Quadrant Energy updates on Phoenix South-2 well
The well is currently setting the 20” (508mm) casing.
Carnarvon Petroleum Ltd returns to Phoenix South oil field
Phoenix South-2 will be drilled down to a total depth of around 5,500 metres.
Carnarvon Petroleum Ltd has success with Roc-2 well testing
Carnarvon holds a 20% interest, with Quadrant, the operator, holding 80%.
Carnarvon Petroleum Ltd granted trading halt pending news from Roc-2 well
The Roc-2 well is located on Australia’s North West Shelf.
Carnarvon Petroleum Ltd confirms gas and condensate at Roc-2 well
Since the last report the full suite of wireline logs have been acquired, which have a higher resolution than the previously acquired logs, allowing for delineation of net and gross reservoir within the well.
Carnarvon Petroleum Ltd builds portfolio ahead of next oil price cycle
Carnarvon is recognised as an innovator and industry leader in understanding the deeper plays on the North West Shelf, and has identified great potential within the Permo-Triassic stratigraphy within the newly awarded block.
Carnarvon Petroleum Ltd and partner deepen Roc-2, intersect hydrocarbons
The Roc-2 well has been designed to appraise and test the Roc-1 gas-condensate discovery revealed earlier in the year, and is located within the WA-437-P exploration permit in the North West Shelf.
Carnarvon Petroleum Ltd's Adrian Cook 'extremely pleased' with Roc-2 results
Adrian Cook, managing director, commented: "We have successfully acquired core over the reservoir section and I’m happy to be in a position to confirm today that we’ve encountered hydrocarbons in good quality reservoir sands."
Carnarvon Petroleum Ltd and Quadrant Energy update on Roc-2 drilling
Carnarvon noted that well results to date are similar in nature to those observed when drilling the same formations in the Roc-1 well.
Carnarvon Petroleum Ltd and partner progress well on North West Shelf
The Roc-2 well has been designed to appraise and test the Roc-1 gas-condensate discovery revealed earlier in the year. The well is required to delineate the extent of the Roc field.
Carnarvon Petroleum Ltd and partner update on Roc-2 well
The well is located on Australia’s North West Shelf, and has been designed to appraise and test the Roc-1 gas-condensate discovery revealed earlier in the year.
Carnarvon Petroleum Ltd and Quadrant Energy update on Roc-2 well
The Roc-2 well is located in 100 metres of water, around 160 kilometres north-east of Port Hedland in the Bedout sub-basin of the greater Roebuck basin.
Carnarvon Petroleum Ltd's partner outlines Outtrim East-1 oil discovery
The joint venture partners decided not to complete the full suite of logging activities, believing sufficient information has now been acquired to assess the well results to the extent planned.
Carnarvon Petroleum Ltd: Quadrant Energy updates on Outtrim East-1 well
Carnarvon holds a market value of circa $100 million with $96 million cash, future cash flow up to $44 million and a well carry of $8 million. Carnarvon has two material drilling outcomes within the next 6 months.
Carnarvon Petroleum Ltd to build stratigraphic database of North West Shelf
Carnarvon has appointed MGPalaeo to build a comprehensive stratigraphic database for the North West Shelf. When overlaid with Carnarvon’s existing database it will provide powerful insights into the regional geology.