Carnarvon Petroleum oil and gas story expected to have many more pages

  • Mar 13, 2019
  • Proactive Investors

Carnarvon Petroleum Ltd (ASX:CVN) 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 (ASX:STO), 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:

To view the presentation made by Adrian Cook click here.