Carnarvon makes a loss, but remains well financed

CARNARVON Petroleum, which holds a 20% stake in the massive Dorado oil find offshore Western Australia, has recorded a loss after tax of A$2.57 million for the half year ended December 31.

Carnarvon makes a loss, but remains well financed Carnarvon makes a loss, but remains well financed Carnarvon makes a loss, but remains well financed Carnarvon makes a loss, but remains well financed Carnarvon makes a loss, but remains well financed

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In its financial report to the market on Friday afternoon, Carnarvon noted that while it had made the loss, it had also made "significant progress" with joint venture partner Santos (80%) on

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