middle.news

Why Carnarvon’s A$86M Stake in Strike Energy Could Redefine Its Future

8:26am on Thursday 30th of October, 2025 AEDT Energy
Read Story

Why Carnarvon’s A$86M Stake in Strike Energy Could Redefine Its Future

8:26am on Thursday 30th of October, 2025 AEDT
Key Points
  • A$86 million investment secures 19.9% stake in Strike Energy
  • Maintains strong balance sheet with A$99 million cash and no debt
  • Bedout Sub-basin drilling delayed to early 2027 amid rig scarcity
  • Dorado project development deferred pending further appraisal
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Carnarvon Energy (ASX:CVN)
OPEN ARTICLE