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17 Gross Unrisked Contingent Resources 1C 2C 3C
Oil and condensate (“liquids”) 86 162 285 (million barrels) Free and associated gas (“gas”) 367 748 1,358 (billion standard cubic feet) Liquids and gas combined 176 344 614 (million barrels of oil equivalent) Refer to ASX announcement of 15 July 2019
. Carnarvon’s previous volume estimate following Dorado-1 result 128 283 566 (million barrels of oil equivalent) Refer to ASX announcement of 20 August 2018 .
Legend Oil Field Gas Cond. Field Phoenix South LNG plant Existing Pipeline Roc Proposed pipeline Dorado NWS Fields
Reindeer Corvus
Pluto LNG NWS LNG Varanus Island Gorgon LNG gas plant Devil Creek gas plant Mining gas Dampier to Bunbury natural gas pipeline (“DBNGP”) customers
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20 WA-435-P WA-436-P
Ara Ara, Bandy, Wallace, Bandy Grommit & Wallace East
Indus & Lupi
Lupi
Indus Permian 2
Wallace East Permian 1 Grommit Mensa Cluster Wallace Mensa (ex P-1), Bottler, Peng & Bewdy Lund Bottler Tucana Mensa (ex P-1) Roc NE Bewdy Roc East Banks Peng ROC Pavo, Roc Sth & Apus
Mensa, Bewdy, Ara, Pavo Roc East & Roc NE DORADO
Apus Volta
Vela Tribolet
WA-437-P WA-438-P
Mensa, Lund, Permian 1, Banks, Permian 2
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22 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
23 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 68 472 694 1610 18 232 913 2,052 70 511 854 1,970 Total 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 16 115 168 390 5 57 221 498 16 124 207 475 Total
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33 34 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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