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Carnarvon Petroleum provide Thailand update


Published Jul 19, 2012
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Carnarvon Petroleum

Carnarvon Petroleum Limited provides shareholders with an update on its interests in the L33/43, L44/43 and SW1A concessions onshore Thailand where Carnarvon has a 40% equity interest.

On 15 June 2012 Carnarvon announced that Pan Orient Energy had sold its 60% interest in these concessions. Carnarvon has been working with the new operator, ECO Environmental Investments Limited (ECO), on field operational plans since this time.

Established in 2000, ECO is a wholly-owned subsidiary of the Hong Kong and China Gas Company Limited (Towngas) which is listed in Hong Kong with a market capitalisation over US$ 20 billion.

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