CVN 2.63% 18.5¢ carnarvon energy limited

Timor update, page-9

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    The lease within which the buffalo field sits now crosses the new maritime border with (going from memory so please correct if wrong) something like about 30% of the lease being within the new TL waters and the remainder within the AUS waters.

    The buffalo field itself sits within that 30% TL part which is why the ratification is important.

    The remainder of the lease sitting in aus waters has several prospects that CVN are looking into.

    Hope this helps - please review the announcements on the company website - all the information and maps is provided within those. Ya has also commented on this if you would like to search back through Ya’s posts.
 
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