With substantial financial strength, Carnarvon has positioned its portfolio for significant value growth as we develop the Dorado and Pavo fields, and unlock the highly prospective exploration potential of the Bedout Basin.
Why invest
World class development assets
A conventional oil and gas portfolio with high-quality shallow water developments with scale and projected low per barrel costs. Our portfolio is primed to meet rising energy demand and drive shareholder returns.
Immense exploration upside
Carnarvon holds a commanding position in the Bedout Basin, offshore Western Australia, undoubtedly the most exciting exploration area in Australia.
Our portfolio contains more than 100 conventional oil and gas prospects, and our focused exploration strategy has the potential to deliver 9 Tcf of gas and 1.6 billion barrels of oil (Pmean, gross).
Value through the energy transition
We recognise the importance of reducing and offsetting emissions from our office locations, our supply chains, and oil and gas operations. We report on these emissions on a voluntary basis and have set up a Carbon Bank to support Dorado approvals.