CARNARVON Petroleum has updated its volumetric estimates for the Phoenix project (20%) it shares with operator Quadrant Energy (80%) as drilling begins at the Phoenix South-3 appraisal well, with the Dorado-1 exploration well to follow next month.
Carnarvon suggests more prospects beneath the Caley interval
So far the Phoenix JV has made four discoveries from its four wells, and this year's drilling program plans to build on already discovered oil and gas resources and to assist future...
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