Sept 4 (Reuters) - Oil and gas explorer Carnarvon Petroleum Ltd CVN.AX said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves.
The wireline logging well has successfully confirmed a hydrocarbon bearing reservoir within the Caley, Baxter (NYSE:BAX) and Crespin intervals, the company said in a statement.
Carnarvon owns a 20% stake in the field, with the rest held by Santos Ltd STO.AX after it acquired Quadrant Energy in 2018.