CVN 0.00% 15.5¢ carnarvon energy limited

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    This is indeed a big acknowledgement for the discovery at dorado. We could be looking at a big upgrade soon as the industry always knows best.

    As a play we still have some of the more exciting prospects too drill. The new seismic will expand on this and change our understanding yet again as the data points improve.

    Dorado in my view is substantial as it underpins the essential infrastructure to further unlock the area. Roc showed how well the reservoir flows and the research on it classified it as structural/stratiagraphic. Between Roc and Dorado the caley is consistent so there is good potential here for further strat traps. The area around Phoenix is inconsistent, the over pressure here is unusual and points to other things. Plenty of exploration opportunities to drill explore over atleast 20 years.
 
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