CVN 0.00% 15.5¢ carnarvon energy limited

Ann: Buffalo Farmout and Redevelopment, page-139

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  1. 3,409 Posts.
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    I don't think so. Dorado's development & production costs are not required up front, so any cash flow from Buffalo will be filtered into Dorado - will it cover all costs - who knows. 2023 is the target, remembering this a field redevelopment - obvious dependent on B10 results.

    Apus & Pavo are in shallow waters & we will only will be putting 20-30% of well costs.

    Remember, in business sometimes you need a fair set of nutz; some have it, some don't. The ones that do & get it right are the really big winners - the rest scoop up the pocket change.
 
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