CVN 0.00% 16.0¢ carnarvon energy limited

I think the ability to exercise the option to secure 40% in the...

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    I think the ability to exercise the option to secure 40% in the other two permits is a far greater deal for Apache than spending 20mil in equities. It is almost a guaranteed farmin for Apache and to become operatorship. Nevertheless it is definitely a win-win.
 
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