CVN 3.23% 16.0¢ carnarvon energy limited

Dorado Upgrade / STO Call, page-124

  1. 467 Posts.
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    Macro stuff will affect oil demand and price. However, the world’s population is increasing, especially in Asia. This is where our oil and condensate will be refined. Even at present prices this Dorado is a goer with STO keen to develop asap. Long term this will reward your punt. Hang on for a roller coaster ride with The Donald tweets causing high market volatility. We all need to ride the roller coaster between fear and greed. Short time kerfufles and disagreements will always be part of chat threads as contributors egos are stroked or battered. The geology of this reservoir is a real prize and it’s size still be estimated. The potential of Dorado and similar traps is mind blowing. Keep your sights focussed on the prize and be grateful that your company and you have a slzeable stake. EV maybe on the horizon, but the transition to non carbon energy will take considerable time. Before this you will benefit from the oil, condensate and gas in a world requiring energy from these HC’s.
 
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