Carnarvon Petroleum Limited (ASX:CVN) Insider Acquires A$31,200.00 in Stock

Carnarvon Petroleum Limited (ASX:CVN) insider Debra Bakker acquired 120,000 shares of the firm’s stock in a transaction on Friday, September 10th. The shares were bought at an average cost of A$0.26 ($0.19) per share, for a total transaction of A$31,200.00 ($22,285.71).

The company has a quick ratio of 46.91, a current ratio of 47.01 and a debt-to-equity ratio of 0.25.

Carnarvon Petroleum Company Profile

Carnarvon Petroleum Limited explores for, develops, and produces oil and gas in Australia. The company owns interests in the Dorado project located in the Bedout Sub-basin offshore of Western Australia; the Buffalo project located in the Bonaparte Basin; and the Labyrinth project located in the Roebuck Basin in the North West Shelf of Western Australia.

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