News and Updates / 17.03.21
Oil price trends
Oil prices continue to climb and are currently around the mid US$60/bbl mark. The question is where to from here? It’s worth noting at the start that current prices are …
News and Updates / 17.03.21
Advance ‘advancing’ on Buffalo
On 12 March 2021 we advised that our new partner in the Buffalo project, Advance Energy Plc, had released a presentation as part of their capital raise process. In the …
News and Updates / 17.03.21
The next chapter in the Buffalo story
Carnarvon was awarded the previously developed Buffalo field in May 2016, as part of successfully bidding on the WA-523-P permit. The field was originally discovered in 1996 by BHP and …
CEO Newsletter / 17.03.21
From the CEO’s desk: March 2021
The great news this month is that we secured our preferred rig for drilling the Pavo and Apus structures. We successfully negotiated to deploy the Noble Tom Prosser rig, which …
News and Updates / 2.02.21
Advance Energy PLC advancing on Buffalo funding, finalising capital raising
In December 2020, Carnarvon Petroleum announced an agreement with AIM-listed Advance Energy PLC to join as a partner in the Buffalo project. The project will assess and then work to …
News and Updates / 2.02.21
Buffalo drilling – near-term tasks underway to drill the Buffalo-10 well
There is a lot to do to prepare for the drilling of the Buffalo-10 well in Timor-Leste later this year. Last year, Carnarvon Petroleum set the groundwork with the preparation …
