CVN 2.50% 19.5¢ carnarvon energy limited

Adrian Cook. "Thinking differently"....again., page-40

  1. 506 Posts.
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    I would like to hear from Carnarvon a definitive statement making it very clear to THE MARKET that the company, with the collaboration of Santos, has a singular intention, and that is to become an oil producer on the NW Shelf of Australia; and as soon as it is possible to do so.

    All other considerations: Buffalo, the price of a barrel of oil, seismic results from adjoining fields, takeovers, share buybacks....just everything else is of a secondary consideration at best.

    The only change to this definitive statement would be if the Dorado operator, Santos, chooses to extend the current schedule and/or change their priorities.

    All Market participants would welcome this clarity.
 
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