Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant

CARNARVON Petroleum’s (20%) share price has jumped by close to 50% today on the confirmation of a major oil discovery through the Dorado-1 well it shares with Quadrant Energy (80%) in the Bedout Sub-basin, offshore Western Australia

Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant Dorado-1 sees "staggering" oil find for Carnarvon and Quadrant

Location of Dorado-1

Quadrant group executive subsurface Fred Wehr broke news of the discovery at a meeting of the Petroleum Club of WA last night, using terms such as "staggering" and "enormous" to describe the scale of