Company CEO Adrian Cook presented to investors at this week’s Proactive CEO Sessions.
() has attracted a great deal of interest with its oil & gas story in the last 12 months and has upcoming catalysts that seem certain to increase the interest.
Managing director Adrian Cook explained to investors at this week’s Proactive CEO Sessions in Sydney and Melbourne that the company had $98 million in cash to vigorously pursue its strategy.
He said the past year had been significant for Carnarvon but with support from its Dorado project joint venture partner, Santos Ltd (), which was talking up the JV’s potential, the story had a long way to run.
The near-term catalysts that Cook referred to in his presentation are:
Dorado-2 appraisal well to start by the end of April;
Dorado-3 appraisal well;
Dorado development preparations, including engineering and design studies;
Roc South-1 exploration well; and
Buffalo project exploration well.
To view the presentation made by Adrian Cook click here.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Carnarvon Petroleum Ltd named herein, including the promotion by the Company of Carnarvon Petroleum Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE