CVN 4.88% 19.5¢ carnarvon energy limited

Ann: Dorado-2 Drilling Update, page-50

  1. 146 Posts.
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    The next update date? well....here's what i reckon:

    -13/5/2019 - Announcement that we're drilling 12 1/4" section, current depth ~2250m
    - Dorado-1 drilled this section to next casing point @ 3637m at a rate of 14m/hr
    - Using this rate as an assumption, we should have reached section TD @ 3800m on 17/18th May
    - Dorado-1 took 17 days to announce the placement/cementing completion of the 9 5/8" Casing after reaching this section TD.
    - If Dorado-2 presents same problems in running the casing, next announcement might be in two weeks around the start of June
    - However, if casing runs without a hitch, we might hear news by Friday or Monday.

    Hold tight

 
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