Buffalo transaction completes 

THE farmout of the historic Buffalo project developed by BHP and reinvigorated by Carnarvon Petroleum has completed - with the UK’s Advance Energy now holding a 50% share via taking half of Carnavon’s subsidiary. 

Buffalo transaction completes  Buffalo transaction completes  Buffalo transaction completes  Buffalo transaction completes  Buffalo transaction completes 
The two agreed in December that, in return for funding drilling of Buffalo-10 with up to US$20 million, Advance would take a 50% share of the oil project.