CVN 2.33% 22.0¢ carnarvon energy limited

Ann: STO: Strong Caley oil flow advances Dorado, page-136

  1. 2,976 Posts.
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    @howie1300

    Back of envelope calculations of how many years our Dorado discovery will potentially flow. This is not taking into consideration further discoveries...

    160,000,000/30,000/365 = 14.61 years of oil and gas production.

    This is why it’s a longterm hold for me. One of the biggest oil and gas finds in WA since 1996... Leave it at that.
    Last edited by ThinkBillions: 09/10/19
 
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