Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, offshore East Timor in the Bonaparte Basin. The well is planned to be drilled in October of this year, with
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2021 offshore exploration acreage released
The Federal Government has released the 2021 offshore petroleum exploration acreage, with around 80,000km2 of new acreage available for exploration in Australia. Minister for Resources, Water and Northern
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Carnarvon locks in date for Buffalo spud
Drilling contractor Petrofac has identified the long lead equipment that will ensure Carnarvon Petroleum’s Buffalo-10 well offshore East Timor is drilled before the end of the year. The procurement
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Melbana sells Beehive prospect to EOG
Melbana Energy has entered into an agreement with EOG Resources to sell its WA-488-P permit which comprises the Beehive prospect, located in the Bonaparte Gulf, Northern Territory. As part of the sale
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Carnarvon on track for WA projects
The first quarter of 2021 for Carnarvon Petroleum has positioned it for an exciting year ahead, with multiple drilling operations progressing and the advancement of the Dorado project, Western Australia.
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Carnarvon, Advance enter JV for Buffalo project
Advance Energy has successfully raised the capital required to acquire a 50 per cent interest in Carnarvon Petroleum’s Buffalo project, located offshore East Timor in the Bonaparte Basin. As part
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Carnarvon locks in Petrofac for Timor-Leste project
Petrofac has strengthened its global well engineering portfolio by securing a drilling management services contract with Carnarvon Petroleum. The agreement supports Carnarvon’s Buffalo redevelopment
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Carnarvon secures Advance on Buffalo exploration funding
Carnarvon Petroleum has formed an agreement with Advance Energy to enable the redevelopment of the Buffalo oil field offshore Timor-Leste in the Bonaparte Basin. As part of the binding agreement, Advance
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New acreage release to boost offshore exploration
The oil and gas industries in Western Australia, Victoria, Northern Territory and the Territory of Ashmore and Cartier Islands have been bolstered by the Australian Government’s 2020 offshore petroleum
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Melbana updates Beehive oil production target
Melbana Energy has increased its best estimate prospective resource for the Beehive prospect in the Bonaparte Gulf, Northern Territory, to more than 400 million barrels. With results of an assessment
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