OPERATIONS

Carnarvon shifts focus to expanding production

CARNARVON Petroleum will focus on development drilling for the second half of the financial year to build on production levels which have dropped due to natural field declines.

Carnarvon shifts focus to expanding production

Production for the half-year ended December 31, 2009, was just over 1 million barrels of oil, down from 1.7MMbbl in the previous corresponding period. Revenues were also down, from $60 million to...

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