Trevor enjoyed a long career with Fairfax Business Media writing on Australian equities for the AFR among other titles.
Cash on hand should gain momentum as production increases towards the target rate of 3,000 bopd.
Analysts at Hartleys view Carnarvon as one of the best stocks to target to gain leverage to the oil price recovery.
Further positive results from ongoing optimisation have Kvanefjeld on track to be one of the simplest, lowest-cost rare earth producers globally.
Carnarvon had a cash balance of A$48.1 million at the end of the March quarter, leaving it well-placed to fund an active period of exploration.
The upgrade is aimed at increasing capacity from 25 terajoules per day to 63 terajoules per day.
Tangai-Sukananti is one of the company’s Indonesian oil production assets in which it has a 55% stake.
A change in the US tax rate should have a positive impact on earnings in fiscal 2019.
Maintenance on Bunian-1 should result in production increasing in 2018.