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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 31/01/18

1 year TSR5 year TSR
205thTriton Minerals57%15%
300thCarnarvon Petroleum25%13%
400thLithium Australia9%20%
426thDanakali6%13%
615thPeak Resources-27%-20%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/11/17
$25k Bought
23/12/16
$156k Issued
16/06/16
$165k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

96th↑Peak Resources$1.8m
97th-Triton Minerals$1.8m
98th↓Carnarvon Petroleum$1.8m
99th↓Danakali$1.8m
100th↑Lithium Australia$1.8m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Carnarvon Petroleum

120thAdrian Cook$728k
136thPhilip Huizenga$678k
757thPeter Leonhardt$115k
Ranked by total remuneration from all listed WA companies

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