Highlights
• Carnarvon successful in capital raise to fund Buffalo-10 well development
• Timing allows commitments to be made now to facilitate drilling in 2019
• Buffalo-10 well to confirm attic oil and mid case volume of 31 million barrels
Aiming to drill the initial well April-Sep 2019 (depending on cyclone season). $16 million raised from insto's at $0.13 and $4 million for spp at $0.13 max $15,000.
Ann: Capital Raise, page-2
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