Post on 08-Oct-2020
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Gross Unrisked Contingent Resources 1C 2C 3C
Oil and condensate (“liquids”) (million barrels)
86 162 285
Free and associated gas (“gas”) (billion standard cubic feet)
367 748 1,358
Liquids and gas combined (million barrels of oil equivalent) Refer to ASX announcement of 15 July 2019
176 344 614
Carnarvon’s previous volume estimate following Dorado-1 result (million barrels of oil equivalent) Refer to ASX announcement of 20 August 2018
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NWS Fields
Reindeer
Corvus
Pluto LNG NWS LNG
Gorgon LNG Varanus Island
gas plant Devil Creek gas plant
Phoenix South Roc
Dorado
Oil Field
Gas Cond. Field
Legend
LNG plant
Existing Pipeline
Proposed pipeline
Mining gas
customers Dampier to Bunbury natural gas pipeline (“DBNGP”)
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DORADO
Ara Bandy
Wallace
Wallace East Grommit
Apus
Pavo
Mensa Cluster
Roc East
Roc NE
Bewdy
Peng
Lupi
Indus
Permian 1
Permian 2
Lund
Banks
Bottler
WA-435-P WA-436-P
WA-438-P WA-437-P
Pavo
Ara, Bandy, Wallace,
Grommit & Wallace East
Indus & Lupi
Mensa (ex P-1), Bottler,
Peng & Bewdy
Mensa (ex P-1)
Mensa, Bewdy, Ara,
Roc East & Roc NE
Pavo, Roc Sth & Apus
Mensa, Lund, Permian 1,
Banks, Permian 2
Volta
Tribolet Vela
Tucana
ROC
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Gross Resources (100% basis)
Oil & Condensate Natural Gas Barrels of Oil Equivalent
MMbbl BCF MMboe
1C 2C 3C 1C 2C 3C 1C 2C 3C
Dorado1 86 162 285 367 748 1,358 176 344 614
Roc2 12 20 35 205 332 580 48 78 137
Phoenix Project Sub-Total 98 182 320 572 1,080 1,938 224 422 751
Buffalo3 15 31 48 - - - 15 31 48
Net Resources (CVN’s share)
Oil & Condensate Natural Gas Barrels of Oil Equivalent
MMbbl BCF MMboe
1C 2C 3C 1C 2C 3C 1C 2C 3C
Dorado1 17 32 57 73 150 272 35 69 123
Roc2 2 4 7 41 66 116 10 16 27
Phoenix Project Sub-Total 20 36 64 114 216 388 45 85 150
Buffalo3 15 31 48 - - - 15 31 48
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Gross Resources (100% basis)1
Light Oil Natural Gas Barrels of Oil Equivalent Pg
MMbbl BCF MMboe %
P90 P50 Mean P10 P90 P50 Mean P10 P90 P50 Mean P10
Pavo 11 63 82 179 3 31 108 249 11 68 101 223 34%
Apus Caley2 12 91 125 279 3 44 163 373 12 98 154 344 21%
Apus Baxter2 6 52 105 278 2 27 139 302 6 57 129 331 21%
Apus Crespin2 7 103 161 391 2 48 212 474 7 111 198 474 21%
Apus Milne2 32 163 221 483 8 82 291 654 34 177 272 598 21%
Phoenix Project Total
68 472 694 1610 18 232 913 2,052 70 511 854 1,970
Net Resources (CVN’s share)1
Light Oil Natural Gas Barrels of Oil Equivalent Pg
MMbbl BCF MMboe %
P90 P50 Mean P10 P90 P50 Mean P10 P90 P50 Mean P10
Pavo 3 19 25 54 1 9 32 75 3 20 30 67 34%
Apus Caley2 2 18 25 56 1 9 33 75 2 20 31 69 21%
Apus Baxter2 1 12 24 63 - 6 31 68 1 13 29 74 21%
Apus Crespin2 2 25 39 96 1 12 52 116 2 27 49 116 21%
Apus Milne2 8 41 55 121 2 21 73 164 8 44 68 149 21%
Phoenix Project Total
16 115 168 390 5 57 221 498 16 124 207 475
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This document does not constitute an offer of new ordinary shares ("New Shares") of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any country outside Australia except to the extent permitted below.
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