The company has completed the merger of the Onnia and Cygnus 3D data sets within the AC/P63 permit acreage, and plans to use the results to further assess prospectivity.
Stand-out target is the Toucan prospect in the Jurassic Plover formation. The Jurassic reservoir, the company points out, has proven to be consistently successful along the North West Shelf, typically delivering good porosities and permeabilities within the Vulcan sub-basin.
In the AC/P62 permit, the main target is Moa, a late-Permian carbonate reef oil prospect covering a 132-sq km (51-sq mi) area, also associated with at least four other leads. Moa is also a new play type for the North West Shelf.
Carnarvon has also drawn on the Cygnus 3D survey completed by Polarcus in 2018. The third phase of the Cygnus data covered an additional 317 sq km (122 sq mi) within AC/P62 permit.
Both permits are part of the Vulcan sub-basin that includes the Montara, Jabiru, Skua and Challis oil fields, and which is presently experiencing a resurgence of interest driven by new 3D seismic data.
Carnarvon is currently potential farm-in partners.