IT’S the announcement everyone’s been waiting for since mid-July: a Dorado resource estimate, with Carnarvon Petroleum saying this morning that gross 2C oil resources stand at 171 million barrels, with 34MMbbl net to the junior.
Carnarvon reports Dorado resources, but share price falls.
Gas resources are in line with earlier estimates at 552 billion cubic feet, condensate at 16MMbbl for a total of 283 million barrels of oil equivalent (2C). Managing director Adrian Cook called...
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