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.

Treaty splits Buffalo into Timor-Leste and Australian waters

08 October 2019
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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

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