CVN 3.03% 16.0¢ carnarvon energy limited

Ann: Buffalo Project Update, page-15

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  1. 19,072 Posts.
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    Appreciate your input.

    You sound like you have a bit of experience and knowledge of Northern Endeavour and the Laminaria-Corallina fields.

    Didn't WPL complete the sale last year to NOGA?

    Aren't they required by Australian regulations to maintain it (the Northern Endeavour) at a certain standard ?

    From my understanding, the Laminaria-Corallina oil fields have been producing around 3,000 barrels a day and its expected to deplete further, so NOGA is motivated to find new fields and/or a new partner to share costs.
 
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