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Carnarvon Energy Advances Bedout Drilling Plans with A$98M Cash and No Debt

8:42am on Tuesday 28th of April, 2026 AEST Energy
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Carnarvon Energy Advances Bedout Drilling Plans with A$98M Cash and No Debt

8:42am on Tuesday 28th of April, 2026 AEST
Key Points
  • H1 2027 drilling campaign targeting northern Bedout prospects
  • Strong cash position of A$98 million with zero debt
  • US$90 million development carry for Dorado project
  • 19.9% strategic stake in Strike Energy valued at A$86 million
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