Dorado project on track: Carnarvon eyes 2025 final decision
Carnarvon Energy (ASX:CVN) has reported progress on its Dorado oil and gas project in its Q3 2024 update.
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Carnarvon Energy Limited
Discovery is in our DNA at Carnarvon Petroleum. We’re more than an oil and gas exploration company – we’re pioneers in thought innovation. Through creative partnerships and bold investment in the latest data and technology, our talented team is making discoveries many thought not possible. And we’ve set our sights on unlocking the largest oil field in WA’s North West Shelf. We’re on the verge of something big.
Carnarvon Petroleum Ltd is listed on the Australian stock exchange (ASX: CVN)
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News
Carnarvon Talking Loud, Saying Little
Much ado about nothing for energy tiddler Carnarvon Energy, who seemed to be making noise for the sake of it on Tuesday just to remind the market that it sees itself as a player.
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Stock Snippets: SGR, CVN, AMP
Lots going on around the traps to kick the week off, and here is the latest news from Star Entertainment Group, Carnarvon Energy and financial sector stalwart AMP Limited.
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Buyers Pour into Carnarvon on Pavo News
Shares in Carnarvon Energy surged Wednesday on news of a significant discovery at the Pavo-1 oil well off the WA coast it part owns with energy major Santos.
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CVN – Macquarie rates the stock as Neutral
The broker retains a Neutral rating and $0.33 target.
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CVN – Macquarie rates the stock as Downgrade to Neutral from Outperform
Macquarie updates oil price revisions, raising 2021 oil price forecasts by 3.1% to US$50/bbl and lowering 2022 estimates by -4.9% to US$53.75/bbl.
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CVN – Macquarie rates the stock as Outperform
June quarter activities revealed the company is in cash conservation mode and Macquarie believes the Dorado FPSO and platform contractor selection will be key going forward.
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CVN – Macquarie rates the stock as Outperform
Carnarvon's Sep Q drilling and corporate costs were in line with the broker's expectation. Following the company's recent capital raising it should be well funded to progress the Dorado prospect through to completion of front-end engineering & design (FEED).
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Santos Taps “Highest Ever” Oil Flow Rate From Dorado-3 Well
Santos shares are on the rise following a better than expected test report from the much anticipated Dorado-3 well being drilled off the Northwest WA coast.
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“Truly Incredible Find” Sends Carnarvon Shares Running
Shares in Carnarvon Petroleum re-listed yesterday after a couple of days of suspension to allow an update of the oil strike in an exploration well in northwestern WA coastal waters.
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