Carnarvon gets exploration permit in Western Australia

May 30, 2014
Carnarvon Petroleum Ltd., Perth, has been awarded an exploration permit (EP491) on the eastern flank of the Barrow Sub-basin offshore Western Australia.

Carnarvon Petroleum Ltd., Perth, has been awarded an exploration permit (EP491) on the eastern flank of the Barrow Sub-basin offshore Western Australia.

Carnarvon has 100% interest and is operator of the 1,450 sq km block, which is east and inshore from the producing Harriet group of oil and gas fields.

Carnarvon says a substantial section of the permit is already covered by recent 3D seismic data.

Most of the permit is in shallow water where a jack up rig will be suitable for exploration drilling.

Work commitments for the first 3 years are limited to reprocessing the existing seismic data along with the conduct of geological studies.