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Carnarvon Energy Faces Dorado Development Delay but Holds Strong Cash Position
9:57am on Tuesday 28th of January, 2025 AEDT
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Energy
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Carnarvon Energy Faces Dorado Development Delay but Holds Strong Cash Position
9:57am on Tuesday 28th of January, 2025 AEDT
Key Points
A$187 million cash on hand with zero debt
Santos delays FPSO acquisition and FEED for Dorado Phase 1 liquids development
Renewal of Bedout Basin exploration permits for five years
Targeted drilling in Bedout Basin planned for 2026
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Carnarvon Energy (ASX:CVN)
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