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Carnarvon Petroleum Ltd

Carnarvon Petroleum will report Dorado volumetric estimates "in next couple of weeks"

Managing director of Carnarvon Petroleum Ltd (ASX:CVN) Adrian Cook provides Proactive Investors with updates on a number of the oil and gas explorer's projects in Western Australia's offshore North West Shelf and in Timor-Leste territorial waters, where development works are ongoing.

Cook summarises, "in addition to the oil field at Dorado, we have this second field to redevelop in Buffalo, as well as potentially a third element not to forget back at Phoenix around that gas condensate development. So an enormous amount of work to happen, and news flow for our shareholders."

Quick facts: Carnarvon Petroleum Ltd

Price: $0.42

Market: ASX
Market Cap: $648.4 m
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Carnarvon Petroleum advancing Dorado and Buffalo projects

Carnarvon Petroleum Ltd (ASX:CVN) managing director Adrian Cook speaks to Proactive Investors following a successful $50 million capital raising last week. Cook discusses the Dorado project, detailing the company's plans and expectations for three wells. He also updates on the Buffalo...

on 18/2/19

2 min read