CVN
Carnarvon Energy Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| R. Black | $275,000 |
Company News
Strike Energy and Carnarvon Energy to Join Forces in WA Oil and Gas Sector Shake-up
The Western Australian oil and gas sector looks set for a major reorganisation with two of its leading players proposing a strategic partnership. Onshore Perth Basin specialist Strike Energy (ASX: STX) and offshore oil and gas discoverer Carnarvon Energy (ASX: CVN) have entered into an agreement under which Carnarvon will make an investment of as […]
Big-name investors, politicians embracing oil and gas, as price tipped to surge
Follow the money (and follow the politics) because this week’s hot advice is that when it comes to investing in energy, money and politics are heading in the same direction and it’s not all about wind, solar and other renewables. The world’s top investor, Warren Buffet, this week loaded up on oil stocks ahead of […]
Oil and gas rush speeds-up as prices surge
A promising gas discovery revived interest in Buru Energy (ASX: BRU) earlier this week – delivering a 30% share-price rise in the latest example of investors returning to the politically incorrect oil and gas sector, a move which iron ore billionaire Gina Rinehart successfully made late last year. Though miles apart in terms of size […]
Carnarvon Energy returns to the scene of its big success
It’s no longer politically correct to follow the advice of the late J. Paul Getty who attributed his extreme wealth to a formula of “rising early, working late, and striking oil”, but it might work in the case of Carnarvon Energy (ASX: CVN) as the oil price hits US$84 barrel (A$116/bbl), up 50% in 12 […]
Value gap opens as oil price recovers but stocks stay down
“Oil, oil and more oil,” sounds like an investment tip from 100 years ago and not last week, but that’s what Jeff Currie is advising and he’s the commodity guru at the world’s leading investment bank, Goldman Sachs. Currie’s love of oil is hardly surprising, even if it is politically incorrect at a time of […]
Drilling of Dorado-3 well confirms production potential for Carnarvon Petroleum
Initial flow testing of the Dorado-3 appraisal well within the offshore Dorado oil and gas field shared by Carnarvon Petroleum (ASX: CVN) and Santos (ASX: STO) has confirmed the Caley reservoir is capable of delivering oil at significant production flow rates. The clean-up flow test across an 11m section, between 3,999 metres and 4,015m measured […]
Carnarvon Petroleum confirms major resource at Dorado oil field
Wireline logging by Carnarvon Petroleum (ASX: CVN) at the Dorado-2 joint venture appraisal well on the North West Shelf of Western Australia has confirmed pre-drill expectations of a major oil and gas resource at multiple reservoir levels. Commencing in May, the well was drilled down-dip approximately 2km from the Dorado-1 discovery in the offshore Bedout […]
Carnarvon Petroleum and Quadrant Energy JV find more oil and gas at Dorado
Following on from last week’s oil find, joint venture partners Carnarvon Petroleum (ASX: CVN) and Quadrant Energy have discovered more oil and gas at the Dorado-1 well off Western Australia’s north coast. Carnarvon today revealed that additional wireline evaluation has confirmed the presence of gas and condensate in the top of the Baxter Member sandstone, […]
Carnarvon Petroleum and Quadrant Energy JV makes offshore light oil discovery
Carnarvon Petroleum (ASX: CVN), together with its larger, private joint venture partner Quadrant Energy, has confirmed a significant oil discovery at the Dorado-1 well off the coast of northern Western Australia. The offshore oil and gas explorer told the market today that light oil was recovered from an excellent reservoir containing a gross hydrocarbon package […]
Buffalo oil field in the Timor Sea nearing production for Carnarvon
Aspiring mid-cap oiler Carnarvon Petroleum (ASX: CVN) is zeroing in on drilling its first production well at its Buffalo oil field in the Timor Sea. The oiler said the recent signing of the Maritime Boundary Treaty by the Australian and Timor-Leste governments in March this year enables Carnarvon to progress its productive intentions at Buffalo […]
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