CVN 1.52% 16.8¢ carnarvon energy limited

Ann: Dorado 3D Seismic Data Update, page-10

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  1. 19,072 Posts.
    lightbulb Created with Sketch. 2666
    Just putting two and two together - personally, I think one of the main reasons for this higher 3d resolution is for this:

    "The project is currently in the late stages of concept selection work. The work to date supports the development of the Dorado liquids accompanied by gas-reinjection through a miscible flood which is expected to considerably enhance the oil recovery rates." Dec Quarterly 2019.

    Having a higher 3d seismic resolution will support this.

    And the higher the oil recovery rates, the more our Dorado will be valued.

    So lets hope to see the plan soon.
    Last edited by Cosmoterios: 12/02/20
 
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