Carnarvon explains Buffalo in Timor-Leste

CARNARVON Petroleum’s announcement that the Baxter reservoir at the Dorado field it shares with Santos could yield 30,000 barrels of oil per day per well sent its share price up over 7% this morning but the company is looking just as hard at its Buffalo field which now crosses into Timor-Leste’s waters. Speaking Friday at the first Timor-Leste Oil and Gas Summit in Dili, COO Phil Huizenga said the field could hold a 2C contingent resource of 30 million barrels of oil, which has been independently verified by RISC in Perth.

Carnarvon explains Buffalo in Timor-Leste Carnarvon explains Buffalo in Timor-Leste Carnarvon explains Buffalo in Timor-Leste Carnarvon explains Buffalo in Timor-Leste Carnarvon explains Buffalo in Timor-Leste

Company has more to shout about than Dorado

Speaking Friday at the first Timor-Leste Oil and Gas Summit in Dili, COO Phil Huizenga said the field could hold a 2C contingent resource of 30 million barrels of oil, which has been independently