Tag: Dorado-1

Mining & Resources

Carnarvon’s historic oil find and what this means for the sector

Carnarvon and partner firm Quadrant have made a historic discovery of high-quality light oil in their Dorado-1 well; causing Carnarvon share prices to surge 57 percent this week. The quality and magnitude of the reserve has led many to describe it as one of the most significant discoveries of the North West Shelf. The 96m…

20 Jul 2018, by Amy Sarcevic