Rig movement, page-28

Great to see the footage.

The ROC-2 flow test was excellent:
‘The well flow tested at rates up to 51.2 million scf per day of gas and 2,943 barrels of condensate per day, that is approximately 11,500 barrels of oil equivalent* per day. These rates were achieved through an approximate 1 1/2” choke and were equipment constrained flow rates; meaning the well flowed at the maximum rate possible in the equipment being used.’

‘We are very happy with the Roc-2 well flow test results which are at rates that are significant in our industry.’

Source:
https://www.carnarvon.com.au/wp-content/uploads/2016/10/1606465.pdf

It’s remarkable what we have found in the sub basin and the further oil, condensate and gas potential.

Looking forward to the next few months. IMO there is good potential for the current oil volumetrics at Dorado to materially increase after appraisal.

GLTA