Carnarvon Energy CEO Discusses Partial Bedout Divestment


(MENAFN- News Direct) Melbourne, Victoria | March 13, 2023 02:35 PM Eastern Daylight Time

Carnarvon energy Limited (ASX:CVN) CEO Adrian Cook speaks with Proactive following the news the company has entered into a binding agreement to divest a 10% interest in its Bedout assets offshore WA to OPIC Australia Pty Limited - a wholly-owned subsidiary of CPC Corporation, Taiwan's national oil and gas company. Carnarvon is set to receive total cash consideration of US$146 million from the deal.--p
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