CVN 0.00% 20.0¢ carnarvon energy limited

Dorado Appraisal

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    The Ensco Rig Status report for April 2018 shows 107 contracted to Q for 5 wells + 5 options. First one is now complete as the rig moves to East Spar. With four wells to go would there be enough time for the planning and permitting to be completed in time for those five options to be exercised in favour of a Dorado appraisal programme or alternatively, an extension of the 107 contract to suit? The Status Report shows the rig becoming available after the 5+5 so given Q and CVN appear eager to get on with it, perhaps the 107 may be retained for the programme. Just a thought.
 
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