CVN 1.72% 14.8¢ carnarvon energy limited

I think you may be bang on with that second paragraph Maggie....

  1. 40 Posts.
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    I think you may be bang on with that second paragraph Maggie. The Bayu Undan (Now In Timorese Waters) only has a few years of production left. The Greater Sunrise field which is now approx 66% owned by Timor (and no doubt assisted by the Chinese) is a long long way from production.
    Buffalo on the other hand could be a lot closer to producing and therefore making money for the TE government. I wouldn't be surprised at all if the TE government want a substantial share in our buffalo and want to get the ball rolling ASAP after treaty ratification.
 
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