Agreed. And for those that cant recall the Dorado announcement,...

Agreed. And for those that cant recall the Dorado announcement, here it is.

12th July 2018
Carnarvon Petroleum Limited (“Carnarvon” (ASX:CVN) is pleased to provide the following update on the drilling of the Dorado-1 well.

Progress
The Dorado-1 well has drilled down from 3,640 metres Measured Depth (“MD” to around 3,990 metres MD in 8-1/2” hole.
From approximately 3,853 metres MD to 3,947 metres MD, logging while drilling tools indicated a number of sandstone intervals have been encountered as expected within the Caley Member. Elevated gas readings and increased resistivity were observed in interpreted porous and permeable zones, indicating the presence of hydrocarbons. Wireline logging is required to obtain definitive results.

Current Operations
The rig is currently drilling ahead in 8-1/2” hole at around 3,990 metres MD.

Forward Plan
Continue to drill the 8-1/2” hole from 3,990 metres MD to approximately 4,575 metres MD to evaluate the deeper targets of the Milne and Crespin Members, below the Caley Member. There is an option to run a further casing string if deemed necessary to reach the final depth, however at this point it is not anticipated.
Results to date are sufficiently encouraging to warrant the running of the wireline logs over the prognosed reservoir section, which will include fluid sampling and pressure testing, at the completion of drilling.