CVN 0.00% 19.5¢ carnarvon energy limited

Ann: Quarterly Activities Report , page-3

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    I don't know about the market but from a shareholders perspective I see sense in what they have done why produce for less than sensible oil prices and great taxes when you can explore and build reserves for a time when oil prices come back. It's called clever utilisation of what you have and foward planning for better times.
 
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