ASIA

Carnarvon takes hit on Thailand

CARNARVON Petroleum has decided to lock in some additional cash from what had been a debt it had written off, associated with a deferred consideration payment from the sale of its former assets in Thailand.

Carnarvon takes hit on Thailand

This morning Carnarvon said it had agreed to settle the terms of the consideration deal with buyer Loyz Energy set to make a single $US4 million ($A5.3 million) lump sum payment by June 2017.   Last...

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