Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not worth selling my meagre investment. Other projects maybe out soon anyway.
PoO just touched $89 too!
Complicated timing!
Perth stockbroking firm Euroz Hartleys describes Buffalo, which is 50% owned by Carnarvon, as “a material well” which should be easy to develop because of its shallow water depth (30m) and could generate a higher internal rate of investment return than Dorado.
Perhaps most importantly, success at Buffalo would elevate Carnarvon from the ranks of explorer to producer in what could be a useful warm-up for the bigger (and Santos led) Dorado project, which started a final investment decision (FID) process last June and is expected to win a formal go-ahead decision by next June with first production in early 2026.
Long before Dorado proceeds, Carnarvon will know a lot more about the geology and oil production potential of the surrounding tenement as a round of drilling gets underway to see if Dorado could be more than a solitary oilfield.
At the same time that Buffalo No.10 is drilling over the next few weeks, Carnarvon will spud the Pavo No.1 well located 42km east of Dorado, in 88m of water with desktop analysis indicating the potential for a reservoir capable of yielding 82 million barrels of liquids and 108 billion cubic feet of gas – an estimate that can only be proven (one way or the other) by applying Getty’s third wealth creation maxim: drill.
My take: column top hit, time needed to TD and logging
This will be an interesting opening!
Circa 3 million changed hands already
Sam's reviewing the situation,
he's a bad 'un and a bad 'un he shall stay!
You'll be seeing no transformation,
But it's wrong to be a rogue in every way.
I don't want nobody hurt for me,
Or made to do the dirt for me.
This rotten life is not for me.
It's getting far too hot for me.
There is no in between for me
But who will change the scene for me?
Don't want no one to rob for me.
But who will find a job for me
...I think I'd better think it out again!
Elang, Elang, elang
Elang, Elang, elang
It's so fine
The oil is mine...
Shallow waters run deep.
Wakey Wakey UK, nearly there.
Inthevoid is humanoid
The battery is quite low
But Torchy boy
And his friend Roy
Will keep it on the go!
I think we should be more shallow minded that Mid East takeover, etc.
sod this software!!!!
I think we should e morehallow minded that Mid East takeover, etc.
I think we should e morehallow minded that Mid East akdver.
? Maths
Maybe the reported experimental line tested the suitability of high resolution seismic to resolve shallow structures & they identified closures within the topmost 400m. Let's hope so!
Just love shallow water drilling! Go fellas and prosperous new year to all.
Just love shelter drilling! Go fellas and prosperous new year to all.
Is the rig moving?
They are having heavy early rain season in Kenya, I think we need an update for Tanzania.
I think they meant
"The square mile in London contains the sharpest tricksters and con merchants"
Easy to confuse.