Pitch your Prospect: Carnarvon Petroleum
Carnarvon Petroleum of Perth Australia is wishing to attract new country entrants to explore for oil and gas in the jackup Territory of the NW Shelf of offshore Australia. Similar fiscal regime to the UK, open file extensive 2D/3D seismic and well data allows for relatively simple evaluation of the remaining jackup prospectivity targets that are 100mmbo rec+ and/or 1TCF+ gas prospects. The NW Shelf of Australia seems akin to the North Sea of 25 years where similar datasets, fiscal regimes and prospect sizes existed. Carnarvon Petroleum has been building an exploration portfolio in the low of the current cycle and recent discoveries in a new petroleum interval of the Lower Triassic have been made at Roc and Phoenix (refer to http://carnarvon.com.au/ for press releases).
For future partnering or farmout opportunities please come by stand 18 or to the Carnarvon Petroleum talk on the inboard exploration potential of the NW Shelf of Australia at Prospex 2016.