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.
Company
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 2 of 15
The oil & gas focused webinar on Tuesday, July 14, will see three companies presenting ahead of a Q&A session.
The oil and gas focused webinar will see three companies presenting ahead of a Q&A session at the end.
The Keraudren 3D seismic data was acquired in 2019 using world first ‘source over streamer’ technology.
Expressions of interest received for the well-head platform reflect positive industry interest in the Dorado JV with Santos.
The company has secured operator status at the Outtrim project which includes Top Triassic Mungaroo gas targets.
The company has progressed with fieldwork planning for the Dorado joint venture over the March quarter.
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.
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.
The company is focused on progressing its Dorado asset offshore Western Australia to production and undertaking exploration on potential targets in the surrounding region.
The company has a portfolio of oil and gas projects across the North West Shelf offshore Western Australia.
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 has a portfolio of oil and gas projects across the North West Shelf located offshore Western Australia.
Carnarvon and partner Santos are targeting further exploration drilling as the Dorado project enters the development phase.
The data quality is a marked improvement over the previous Capreolus 3D data, with interpretation work having begun as further comprehensive data processing continues.
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.
Joint venture partner and project operator Santos released the information during its Investor Day presentation.
Carnarvon’s Dorado is this century’s largest liquids discovery in the North West Shelf of Western Australia.
Carnarvon’s Dorado is this century’s largest liquids discovery in the North West Shelf of Western Australia.
The halt will remain in place until the start of trading on Wednesday, October 9, or when an announcement is released.
This will be the second and final flow test from the Dorado-3 appraisal well after the first exceeded expectations.