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Carnarvon sharpens focus on Ara ahead of 2027 Bedout drilling

8:14am on Friday 9th of October, 2026 AEDT • Oil and Gas
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Carnarvon sharpens focus on Ara ahead of 2027 Bedout drilling

8:14am on Friday 9th of October, 2026 AEDT
Key Points
  • Ara identified as likely firm well for April 2027 campaign
  • Transocean Equinox contracted for one firm and one contingent well
  • Ara carries 191 mmboe gross unrisked prospective resources and a 37% geological chance of success
  • A$97.0 million cash, no debt and US$90 million Dorado development carry
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