CVN 10.8% 16.5¢ carnarvon energy limited

CVN A$158 mill cash and receivables, page-119

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    Apache will spud Roc, at the latest, by August so no spring storms affect the drill. The analysis will be very quick given they have the PS1 data as their base.

    So the drill and the data analysis will be completed well before year's end, well before the options convert date is reached.
 
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