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.
287 stories · page 11 of 15
Carnarvon Petroleum: Partner Quadrant Energy commences Outtrim East-1 well
The aim of the Outtrim East-1 well is to explore for additional hydrocarbon bearing sands to the North and East of the hydrocarbon reservoir seen at the Outtrim-1 oil discovery. The well is located on the North West Shelf of Australia.
Carnarvon Petroleum Ltd: Roc-2 appraisal well on schedule
Adrian Cook, MD, commented: “Our growth has been very rapid this year with us securing a number of new additions to the portfolio. Encouragingly, we’ve been able to achieve these goals while simultaneously advancing our existing
Carnarvon Petroleum Ltd acquires high quality North West Shelf asset
This is a quality acquisition secured at the right time in the cycle. It is a rare opportunity for a fraction of the cost of the commitments made by peers in bid rounds only a year or two ago.
Carnarvon Petroleum Ltd: Two wells and a $100m in cash
Carnarvon has received a Speculative Buy and a $0.16 12-month price target from broker Hartleys. Carnarvon last traded at $0.09.
Carnarvon Petroleum Ltd: Outtrim East-1 on schedule for drilling in June
A key objective is to test for the presence of hydrocarbons in the Lower Cretaceous Barrow Group sandstones Pyrenees Formation, similar to the Outtrim-1 sequence.
Carnarvon Petroleum Ltd is fully cash backed
Carnarvon maintains its strategic focus on the NWS with two discoveries in the first two wells. The two wells planned for CY 2016 gives investors access to large potential catalysts.
Carnarvon Petroleum Ltd strategically builds North West Shelf portfolio
Today Carnarvon has further demonstrated its strategic focus on the NWS in Western Australia, taking the opportunity to increase its portfolio at a time of oil price weakness, therefore further leveraging itself to a recover in the commodit
Carnarvon Petroleum Ltd: Partners agree Roc discovery warrants appraisal
Roc-1 well confirms up to 372 Bscf of gas and 18 million barrels of condensate recoverable (Gross 3C contingent resource). Carnarvon currently has a market cap. of $80M with $100M in cash and no debt. It also has up to a $45M from future oi
Carnarvon Petroleum grows offshore oil portfolio, plans 2016 drilling
Carnarvon Petroleum has consolidated its position in Western Australia’s North West Shelf by joining its operational partner Quadrant Energy at a drill-ready oil project as the promising Roc-1 well confirms the region’s potentia
Carnarvon Petroleum, Quadrant Energy confirm Roc quality
Carnarvon Petroleum and operating partner Quadrant Energy are encouraged by the quality of the Roc-1 oil well offshore Western Australia, confirming a strong condensate-to-gas ratio ahead of an update on the expected range of recoverable vo
Carnarvon Petroleum, Quadrant Energy recover gas at Roc-1
Carnarvon Petroleum (ASX:CVN) has improved the investment case for its Roc-1 oil well offshore Western Australia with the recovery of condensate-rich from surface using wireline logging tools during ongoing exploration at the site.
Carnarvon Petroleum and partners commence logging program for Roc-1
The Roc-1 well is located in WA-437-P, 20 kilometres south-east of the 2014 Phoenix South-1 oil discovery, and around 150 kilometres north of Port Hedland.
Carnarvon Petroleum, Quadrant Energy to deepen Roc-1 well
The Roc-1 well is located in WA-437-P, 20 kilometres south-east of the 2014 Phoenix South-1 oil discovery, and around 150 kilometres north of Port Hedland.