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Private minnow to divest WA play after a year

PRIVATE oil explorer BR Cyrano, owned by Victorian businessman David Lloyd, is looking to offload its interest in the offshore Carnarvon Basin, Western Australia, which will see the permits change hands three times in as many years. 

 Cyrano field being offloaded via PetroDip

Cyrano field being offloaded via PetroDip

It has engaged PetroDip for the sale.    BR Cyrano owns two assets in the Carnarvon Basin - the Cyrano and Nasutus oil fields - which were acquired from Emperor Energy in September 2019.    Combined...

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