August Newsletter, page-5

Ya, thanks for that.

As always, you are a wealth of information.

I did a bit of research myself - the original reservoir (estimates) was 12km in length and 3km in width. And water depth was around 30 metres.

This was CVN's press release on 31 July 2017:

"Carnarvon has now completed an extensive body of technical work around the Buffalo oil field. There is strong evidence the original field development did not produce all of the economically recoverable oil. This was due to imperfect seismic imaging and mapping, which led to suboptimal well placement and significant areas of unswept oil."

So I am hoping they found new "Significant areas" that were unswept.

Would be more than happy if they found 5 to 10 M extra barrels - and given the water depth at that location is around 30 metres, I think its economical to pursue it.

Any way, the above is all my personal opinion.

No one should take it as gospel.

As always, DYOR.