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Dune Oil Targets Next Discovery as 27.6M-Barrel Resource Takes Shape | Dune Oil Corporation

Dune Oil Targets Next Discovery as 27.6M-Barrel Resource Takes Shape | Dune Oil Corporation

Episode 194 Published 1 week, 6 days ago
Description

Dune Oil Corporation (CSE: DUNE) is advancing its exploration strategy in southeastern Turkey, where its Gabbar project hosts a light oil discovery and an independently evaluated North Prospect with a 2C contingent resource of 27.6 million barrels net to Dune Oil.

In this episode of Capital Compass, host Ricki Lee speaks with Dune Oil President and CEO Scott Lower about the company's recent progress, its planned 40 km 2D seismic programme and the next steps towards further drilling and potential commercial development.

In this episode, listeners will hear about:

  • The North Prospect's 27.6 million-barrel net 2C contingent resource and reported un-risked NPV10 exceeding US$733 million.
  • How the upcoming seismic programme could refine drilling locations and help reduce exploration risk.
  • Plans for two existing well re-entries and the development potential of the North Prospect.
  • Exploration opportunities at the South Lead, near a recent discovery outside the block boundary.
  • Potential catalysts over the next 6–12 months, including seismic work, well re-entries, resource conversion and production rates.

This podcast is made in partnership with Dune Oil Corporation. This podcast is for informational purposes only. Please do your own due diligence. For our full disclaimer, visit: https://stockhouse.com/legal/disclaimer

#DuneOil #DUNE #OilExploration #TurkeyOil #EnergyInvesting #OilAndGas #CapitalCompass


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