May spud for Dorado: Carnarvon

CARNARVON Petroleum was first to market this morning with its report for the period ending March 31, noting its Dorado appraisal planning and preparation before a May drilling campaign is progressing well. 

May spud for Dorado: Carnarvon May spud for Dorado: Carnarvon May spud for Dorado: Carnarvon May spud for Dorado: Carnarvon May spud for Dorado: Carnarvon

Dorado-2, Roc South-1 and Dorado-3 on track

It had A$93.3 million in cash at the end of the quarter after a $50 million capital raising to institutional and sophisticated investors and a $1.2 million exploration spend.
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