Dorado oil field set to boost WA’s oil and gas industry
October 21, 2019
A new oil field discovery brings great news to WA’s oil and gas industry
Carnarvon Petroleum’s Dorado oil field in the North West Shelf has one of the highest oil rate flows from any appraisal test spudded in the NW shelf.
“It’s going to be great for Carnarvon and Santos but with a bit of luck here, I think it’s going to be quite exciting for WA more broadly, and potentially that whole Pilbara Region” said Carnarvon Petroleum boss Adrian Cook
Dorado could be part of a new oil and gas basin and if funding goes well, the field could be in production as early as 2024.
This is a brief summary of the article “Dorado oil discovery ‘tip of the iceberg” by Stuart McKinnon in The West Australian Wednesday 9 October 2019.
Read Our Other Articles
OUT WITH THE OLD IN WITH THE NEW – DRAMATIC LEEDERVILLE HOTEL COMPLEX MAKEOVER
Leederville is set to say hello to a new “pub of the future” as the well-known Leederville Hotel complex...
New Brand revealed for LOFT HAUS project
We are very excited to officially launch the branding for our upcoming Loft Haus development situated in Leederville, one...
Perth ranked as a top travel destination by Forbes
Perth is the only Australian city that made it into the Forbes Travel Guide’s 14 Top Destinations of 2019,...
First weekend The Residence on-site sales suite is open
THIS WEEKEND is your opportunity to visit our on-site sales suite to select your new boutique off-the-plan apartment at...
PROPERTY PRICES SET TO RISE IN 2021
The Australian residential real estate market should begin to rise in the second half of next year following a...
WA’s resources sector key driver in Australia’s economy
It is good news for Australia’s economy with the mining sector set to re-establish itself as a key driver...
BUYER FRENZY FOR 2021
Buyers are racing right now to get on Perth’s property market ladder. Last week a home open in Carine...
COMMONWEALTH BANK FORECASTS HOUSE PRICE BOOM
The housing market is said to be “on the cusp of a boom” with record low mortgage rates now...
NATIONAL HOUSING PRICES SPIKE BEATS THE MARKET
Sydney house prices could yet again rise for the June quarter as vendors lift their asking prices faster than...
Large infrastructure set to supercharge WA’s economic recovery
WA’s economic recovery from COVID-19 will be supercharged by executing a list of large construction projects that will create...
