BRIEF-Carnarvon Petroleum Says Dorado-3 Well Wireline Results Support Flow Testing

Reuters

Published Sep 04, 2019 11:31

BRIEF-Carnarvon Petroleum Says Dorado-3 Well Wireline Results Support Flow Testing

Sept 4 (Reuters) - Carnarvon Petroleum Ltd CVN.AX :

* DORADO-3 WELL WIRELINE RESULTS CONFIRM HYDROCARBONS IN CALEY, BAXTER AND CRESPIN INTERVALS

* WIRELINE LOGGING OF DORADO-3 WELL SUCCESSFULLY CONFIRMED HYDROCARBON BEARING RESERVOIR WITHIN CALEY, BAXTER & CRESPIN INTERVALS.

* WIRELINE RESULTS IN DORADO-3 WELL STRONGLY SUPPORT PROGRESSING TO TWO PLANNED FLOW TESTS OF CALEY AND BAXTER INTERVALS

* SAYS IN CALEY RESERVOIR, DORADO-3 WELL INTERSECTED PREDOMINANTLY OIL BEARING HYDROCARBONS IN HIGH-QUALITY RESERVOIR

* SAYS IN BAXTER RESERVOIR, WIRELINE LOGGING CONFIRMED A HYDROCARBON COLUMN WAS ENCOUNTERED WITH NO WATER CONTACT IDENTIFIED

* SAYS CRESPIN RESERVOIR APPEARS TO HAVE ENCOUNTERED HYDROCARBONS IN AREA EXPECTED TO BE WATER-WET

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