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Carnarvon Picks Jack-up Rig for Buffalo Well in

Carnarvon Picks Jack-up Rig for Buffalo Well in
aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.

East Timor , Adrian Cook , Carnarvon Petroleum , Advance Energy , Managing Director , Jurassic Age Elang , கிழக்கு டைமர் , கார்னார்வோன் பெட்ரோலியம் , நிர்வகித்தல் இயக்குனர் , ஜுராசிக் வாழ்நாள் எளங் ,

Timor Leste: Carnarvon Petroleum provides Buffalo-10 drilling update

Timor Leste: Carnarvon Petroleum provides Buffalo-10 drilling update
11 May 2021
Buffalo-10 well, offshore Timor Leste.
Buffalo-10 well is planned to be drilled in the fourth quarter of 2021
US$20 million received from Advance Energy for the drilling of the well
Procurement of long lead equipment has commencedand is progressing well
The tender process for a drilling rig is nearing completion
Petrofac, who are undertaking the drilling management services for this well, have identified the necessary long lead equipment to ensure the Buffalo-10 well is able to drilled prior to the end of this year.
Following completion of the farmout to Advance Energy, as was announced 20 April 2021, Carnarvon received US$20 million to fund the drilling of the Buffalo-10 well. This means the drilling will be at no cost to Carnarvon unless the well costs more than US$20m. ....

East Timor , Adrian Cook , Carnarvon Petroleum , Advance Energy , Timor Leste Government , Managing Director , Jurassic Age Elang , All Rights , Patents Act , கிழக்கு டைமர் , கார்னார்வோன் பெட்ரோலியம் , டைமர் குறைந்த அரசு , நிர்வகித்தல் இயக்குனர் , ஜுராசிக் வாழ்நாள் எளங் , அனைத்தும் உரிமைகள் , காப்புரிமைகள் நாடகம் ,

Carnarvon: Buffalo Drilling Rig Tender Nears

May 11, 2021
A tender process for the drilling rig is nearing completion, with the requirement for a suitable jack-up rig to be available in the fourth quarter of this year, Carnarvon said. / Illustration only - Credit: Danial/AdobeStock
The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum s and Advance Energy s Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021, the companies said Tuesday.
Advance Energy recently paid US$20 million to acquire a 50% interest in the Buffalo PSC. The cash will be utilized for the drilling of the shallow water Buffalo-10 well offshore Timor-Leste. This also means the drilling will be at no cost to Carnarvon unless the well costs more than US$20m. ....

East Timor , Leslie Peterkin , Adrian Cook , Timor Sea , Energy Buffalo , Carnarvon Petroleum , Advance Energy , Managing Director , Jurassic Age Elang , கிழக்கு டைமர் , லெஸ்லி பேதேர்கின் , டைமர் கடல் , கார்னார்வோன் பெட்ரோலியம் , நிர்வகித்தல் இயக்குனர் , ஜுராசிக் வாழ்நாள் எளங் ,

Timor Leste: Carnarvon Petroleum completes farmout of Buffalo project to Advance Energy

Timor Leste: Carnarvon Petroleum completes farmout of Buffalo project to Advance Energy
19 Apr 2021
B
uffalo project to
Advance Energy. Advance Energy and Carnarvon have satisfied all of the conditions precedent and all completion requirements have been met.
On
December 2020, Carnarvon announced that Advance Energy will acquire 50% of the Buffalo project by funding the drilling of the Buffalo-10 well up to US$20m on a free carry basis. Advance has met this funding requirement and now has a 50% interest in the project.
The Buffalo-10 well is on track to be drilled in late 2021, subject to securing a drilling rig, where the tendering process is already underway. ....

Adrian Cook , Carnarvon Petroleum , Advance Energy , Managing Director , Jurassic Age Elang , All Rights , Patents Act , E Ampp News , Il And Gas Exploration , Xploration And Production , Nergy Pedia , Eological And Geophysical , Lternative Energy , Eavy Oil , Il And Gas Condensate , Icence Round , Il And Gas Ministry , Oil Companies , கார்னார்வோன் பெட்ரோலியம் , நிர்வகித்தல் இயக்குனர் , ஜுராசிக் வாழ்நாள் எளங் , அனைத்தும் உரிமைகள் , காப்புரிமைகள் நாடகம் , ஏ அம்ப்ப செய்தி , நான் L ,

Carnarvon Wraps Buffalo Farm-Out. Drilling to

OE Staff
Credit: Carnarvon Petroleum
Australian oil and gas companies Carnarvon Petroleum and Advance Energy have completed the Buffalo oil field farm-out agreement as all the necessary conditions have been met.
Carnarvon in December 2020 announced that Advance Energy would acquire 50% of the Buffalo project in the Timor Sea, offshore East Timor, by funding the drilling of the Buffalo-10 well up to US$20m on a free carry basis.
Advance has met this funding requirement and now has a 50% interest in the project, Carnarvon Petroleum said Tuesday.
The Buffalo-10 well is on track to be drilled in late 2021, subject to securing a drilling rig, where the tendering process is already underway, Carnarvon added. ....

East Timor , Adrian Cook , Timor Sea , Carnarvon Petroleum , Advance Energy , Managing Director , Jurassic Age Elang , கிழக்கு டைமர் , டைமர் கடல் , கார்னார்வோன் பெட்ரோலியம் , நிர்வகித்தல் இயக்குனர் , ஜுராசிக் வாழ்நாள் எளங் ,