Carnarvon Petroleum Limited provides shareholders with an update on its interests in the L33/43, L44/43 and SW1A concessions onshore Thailand where Carnarvon has a 40% equity interest.

As previously advised, the Joint Venture is undertaking a sandstone focused drilling program within the L44/43 Concession, particularly within the WBEXT area. The first well in this program was successfully completed and is flowing at rates of 120 bopd. Ongoing development of the sandstone reservoirs is expected to steadily increase production and reduce the variability and decline over the longer term.

Tags: Carnarvon Petroleum Limited