CVN 0.00% 19.5¢ carnarvon energy limited

Ann: STO: Dorado regulatory approval, page-18

  1. 1,822 Posts.
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    Yes, definitely some buying interest today. The approval news is sinking in. There was an article in today's West Australian entitled 'Santos cops $200M WA hit' with subtitle 'Dorado project a step closer after cost concerns.' which basically said Santos had taken some writedowns on oil and gas reserves in WA and Dorado's development has been approved by NOPSEMA (note approval at this stage is only for the 100k per day oil phase).
 
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