Carnarvon says cost escalation risk at Dorado "unacceptably high" 

CARNARVON Energy has underlined the importance of the “disappointing” delay to its Dorado sanction given the high cost environment. 

Carnarvon says cost escalation risk at Dorado "unacceptably high"  Carnarvon says cost escalation risk at Dorado "unacceptably high"  Carnarvon says cost escalation risk at Dorado "unacceptably high"  Carnarvon says cost escalation risk at Dorado "unacceptably high"  Carnarvon says cost escalation risk at Dorado "unacceptably high" 

Carnarvon MD Adrian Cook

 
 
The largest chunk of cash is the EPC contract for the FPSO attached to the 10-well oil project offshore Western Australia. The vessel is some 50% of the expected cost.