CVN 0.00% 16.5¢ carnarvon energy limited

Dreams to Dusters, page-2

  1. 3,610 Posts.
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    Dorado is rare indeed today. Santos knows what they are looking at and have the experience to get this done. All we need is a stable base of shareholders that are willing to keep the faith and stick it out until production.

    The thing with FAR is that any issues with production or drilling will be expensive to remedy given the depths. Have a look at Chinguetti and the experience there with production. If a similar thing did occur at Dorado a workover and new wells wouldn’t be as expensive. Even a 30mmbo discovery at these depths is feasible and dorado sits at 181mmbo plus gas. We could get much bigger too with appraisal wells.
 
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