Carnarvon reveals major plans for Buffalo

AUSTRALIAN oil and gas explorer Carnarvon Petroleum has struck a deal with AIM listed Advance Energy to drill its Buffalo oil field in exploration permit WA-532-P.

Carnarvon reveals major plans for Buffalo  Carnarvon reveals major plans for Buffalo  Carnarvon reveals major plans for Buffalo  Carnarvon reveals major plans for Buffalo  Carnarvon reveals major plans for Buffalo

London-based Advance Energy will farm-in to the permit, acquiring a 50% stake in the project by funding the full drilling costs of the first well estimated at about $20 million.