Thailand Estimate of Contingent Resources and Ops Update

Carnarvon Petroleum Ltd. (“Carnarvon”) (ASX:CVN) is pleased to provide the results of an independent estimate of contingent and prospective resources related to the applications for two production licenses encompassing recent crude oil discoveries onshore Thailand. The Production Area Applications (“PAA”) cover the Wichian Buri Extension Field (“WBEXT”) in Concession L44/43 and the L33-1 / L33-2 f