Carnarvon in Jatibarang ?Study Group?

Australian oil, gas firm Carnarvon Petroleum Ltd reported on Tuesday it was involved in ?Study Group? in Jatibarang oil field.

The company did not give detail about the arrangement, but said that the Jatibarang field, which was discovered in 1969, had been producing 102 million barrels of oil with 58 million barrels of remaining reserves. (denny)