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Why Carnarvon’s A$86M Stake in Strike Energy Could Redefine Its Future
8:26am on Thursday 30th of October, 2025 AEDT
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Energy
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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
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