Ann: Buffalo Field Operations, page-70

CVN have earnt being in the respectable position of having so many good options from here. 

Agreeable or not, Euroz & others confirm predictable & usual, corporate activity behaviour when a junior Oil explorer has the success Carnarvon have achieved in the Bedout permits. Apart from what CVN have to offer for their Bedout assets, a share of the 80% Quadrant/Santos Bedout assets could be included in a deal... This is just one of so many scenario's/possibilities, and do understand that most contributors here would not want that, but if that scenario did play out, there would b oodles of spare cash to pursue/fast track their other portfolio assets.

If we accept an unsuccessful take over attempt between now & then, I suspect Carnarvon will have a number of financing options, potentially after Dorado's & Roc South follow up wells. Who's telling what the company valuation will be at that time for which debt or equity would both be viable commercial options, especially as Buffalo would be closing in. At current oil prices, Buffalo could be free carry in no time.

All of this and more to be played out in less than 12 months from now...

DYOR.