CVN 2.50% 20.5¢ carnarvon energy limited

Positive SP Action, page-71

  1. 289 Posts.
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    Well looks like the buyers in the dataroom have come to nothing, this is a positive imo as now we wait for FID this year and go after dorado and drilling out the basin. We're 2/3rds of the way to a very substantial gas play and we own 20% in that. There is a hell of a lot more value in bringing the asset into production especially if the price of oil and/or gas heads higher.
 
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