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Carnarvon's Atwood Eagle rig at the Phoenix South well.

Carnarvon to dispose Thai assets for $68m

Shares in Perth-based Carnarvon Petroleum have surged on news it entered into an agreement to sell its remaining 20 per cent interest in its Thailand oil production assets to the Berlanga Group for $68.5 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
17thCarnarvon Petroleum214%40%
341stLiontown Resources-7%19%
347thAzumah Resources-9%-6%
519thNorthern Minerals-33%-16%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/11/18
$26k Bought
05/11/18
$18k Bought
06/06/18
$7k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

68th-Carnarvon Petroleum$5.0m
69th↑Northern Minerals$4.5m
70th↑Azumah Resources$4.4m
72nd↑Zeta Petroleum$4.1m
73rd↑Liontown Resources$3.9m
509 listed resources companies ranked by revenue.
Source: Morningstar

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