Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Carnarvon Energy updates on Dorado development and funding

Carnarvon Energy updates on Dorado development and funding

Carnarvon Energy Ltd (ASX:CVN) managing director and CEO Adrian Cook talks Proactive through the company’s June quarter highlights. He says the majority of conditions associated with CVN’s divestment of a 10% interest in its Bedout assets to CPC Corporation, Taiwan, for US$146 million have been satisfied with the final condition progressing well. The company maintains a strong balance sheet with A$95 million cash and no debt.