Brief: Carnarvon Energy Updates On Feed Work For Dorado Project And Related Project Financing

Carnarvon Energy

04/03/2022 01:24

March 4 (Reuters) - Carnarvon Energy Ltd  CVN.AX :
    * UPDATES ON FEED WORK FOR DORADO PROJECT AND RELATED
PROJECT
FINANCING
    * FINAL CAPITAL COST DEFINITION IS BEING UNDERTAKEN AS PART
OF THE
FEED PROCESS AND WILL BE FINALISED AHEAD  OF A FID
    * FEED PROGRESS ON TARGET TO BE FID READY BY MID-CALENDAR
2022
    * HAS COMMENCED A FORMAL PROCESS TO FUND ITS SHARE OF DORADO
PROJECT
    * STRONG INITIAL PRODUCTION RATES OF 75,000 – 100,000
(GROSS) BOPD
CONFIRMED FROM DORADO

Source text for Eikon:  ID:nASX8gjKpd 
Further company coverage:  CVN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))