CVN 0.00% 15.5¢ carnarvon energy limited

Ann: More Oil Confirmed in Dorado-1 Well, page-35

  1. Ya
    6,809 Posts.
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    Great result overall.

    Porosity of 13-14% at 4000+ metre depths with light oil is good. Should make new records as in deepest light oil pool discovered in Oz etc etc. I guess we will have to wait for Dorado-2 in the future to do a DST for these 3 zones as there's no mention of it.  

    They forgot to report the final depth (TD) of the well, alongwith the API (density) of the fluid recovered.

    Not sure if its same type of light oil as the 49.6 API light oil in the Caley oil column or even lighter. Any oil above 40 API (light, sweet with low Sulphur) is generally good & fetches a premium sale price to the Brent.
 
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