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.
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 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.