Carnarvon Petroleum Limited is pleased to confirm that the Noble Tom Prosser jackup drilling rig has been contracted to drill the Pavo-1 and Apus-1 exploration wells.
The drilling program is expected to commence in late 2021 with the Pavo-1 well and will be immediately followed by the Apus-1 well.
Both prospects have the potential to materially increase the aggregate development resource for the Dorado field if successful. Resources capable of being tied back to existing infrastructure provide significantly enhanced economic outcomes, minimize additional capital investment requirements and shorten time periods to first production from the tie back fields.
The Noble Tom Prosser jack-up drilling rig was previously used by Carnarvon and its operating partner in 2019 on the successful Dorado-2 and Dorado-3 appraisal wells.
With the drilling rig contracted, the operator will now proceed to secure the remaining equipment, services and approvals required to commence drilling operations.
Source: Carnarvon
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