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Analysts back Carnarvon

WITH two highly promising wells on its dance card this year –the low risk Phoenix South-3 appraisal well and the Dorado-1 exploration well – it is little wonder that Carnarvon Petroleum is attracting broker interest, particularly given its Roc discovery is already large enough to underpin a development.

Analysts back Carnarvon

        Carnarvon said yesterday that the Transocean Development Drilling Rig-1 had arrived in South Africa, and after a number of modifications should be in position to spud Phoenix South-3 will...

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