Carnarvon working out Labyrinth

A map of the Labyrinth Project and adjacent fields.

A map of the Labyrinth Project and adjacent fields.

Carnarvon Petroleum has updated the prospective resources of its Labyrinth Project located in WA-521-P, offshore Western Australia.

With the completion of detailed petrophysical analysis that leveraged the learnings from the successful Roc and Phoenix South wells in adjacent permits, Carnarvon believes that over 1.5 Bbbl of recoverable prospective resource has been identified in the permit to date.

The Ivory prospect is the standout target within the Labyrinth Project, with significant oil prospectively over two levels with a total mean prospective resource of over 420 MMbbl.

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