CVN 0.00% 22.0¢ carnarvon energy limited

Ann: STO: Strong Caley oil flow advances Dorado, page-137

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    let’s say dorado has 160,000,000 barrels of oil and oil price is say a conservative $50 per barrel.

    this would value the project roughly at $8,000,000,000 and this is not including the 750 billion cubic feat of gas sales.

    These figures were derived from the west Australian article and does not include further potential discoveries and other oil deposits.

    the revenue attributed to CVN just for dorado and not including gas sales is $1.6 billion

    rough figures and if the price of oil goes up the figures scale up also.

    staggering really.
 
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