25 June 2026investor presentation● Neutral
Presentation for the 25 June 2026 Bedout investor webinar. The visible text is a cover note and disclaimers, with no new figures; it follows the 1 and 23 June announcements.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 June 2026resource reserve update▲ GoodMajor
Bedout prospective resources raised 92% to 6,256 MMboe gross (unrisked Pmean) across 130 prospects, from 3,263 MMboe in June 2025; net to Carnarvon 1,021 MMboe. Ara (CVN 10%, 191 MMboe, 37% chance of success) is the likely first well. These are undrilled prospects, not discoveries.
23 June 2026other● Neutral
Invitation to a CEO webinar on 25 June 2026 covering the 2027 Bedout drilling program and the resource upgrade. Administrative notice with no new information.
1 June 2026contract award▲ GoodMajor
Transocean Equinox rig contracted for the Bedout campaign, starting from April 2027, with one firm and one contingent well in Carnarvon's permits. Shortlisted: Ara, Yuma, Goats Eye, Hutton. Cost to Carnarvon is about A$20m if both drilled, funded from A$98m cash. Resolves the rig-scarcity uncertainty.
6 May 2026investor presentation● Neutral
Corporate presentation for the RIU Resource Round-Up on 6 May 2026, themed on Australia's oil supply challenge. The visible text is disclaimers and resource-basis notes only, with no new figures or events shown.
13 Mar 2026half year report● Neutral
Half-year to 31 December 2025 report. Repeats first-half 2027 Bedout drilling, rig tender progress and the Dorado deferral with 249 MMbbl liquids gross 2C. Financial results are not visible in the supplied text.
10 Mar 2026other● Neutral
Update to the March 2026 index rebalance. Carnarvon's removal from the All Ordinaries is unchanged, effective 23 March 2026. Only two other names changed.
6 Mar 2026other▼ Bad
S&P index rebalance notice. The list shows Carnarvon removed from the All Ordinaries, effective 23 March 2026. Strike is listed as removed from the S&P/ASX 300. Index housekeeping, not a company event.
30 Oct 2025quarterly activities report▼ BadMajor
September 2025 quarter: Strike investment completed (stated as A$86m for 19.9%); cash about A$99m, no debt, US$90m Dorado carry. Bedout drilling slips from 2026 to early 2027 because suitable rigs are scarce. Net 2C resource stated as 54 MMboe.
25 Sept 2025asset acquisition disposition● NeutralMajor
Strike completes Tranche 2 of the Carnarvon placement: about A$34.3m for 286m shares at A$0.12, after Strike shareholders approved it on 11 September. This completes the up-to-19.9% Strike stake agreed in July. Strike also closed its A$1.7m share purchase plan.
10 Sept 2025investor presentation● Neutral
CEO presentation at the RIU Good Oil and Gas conference on Bedout's value. The visible text is mostly disclaimers and resource-basis notes, with no new figures or events shown.
28 Aug 2025annual report● Neutral
2025 annual report. The Chair calls the Dorado delay disappointing and says a revised timeline is still owed to shareholders. It notes the Strike investment, the cancelled capital return, at least A$96m cash after Strike, the US$90m carry and the retained 10% buyback option.
28 Aug 2025annual report● Neutral
Appendix 4G and corporate governance statement for the year to 30 June 2025, stating compliance with ASX recommendations. Notes female board representation rose to 25% from nil. Administrative filing with no new business information.
25 July 2025other● Neutral
Text not readable beyond two footnotes about Strike's share offer; presumably relates to completion of the first Strike tranche (inference). No substance visible.
24 July 2025drilling scheduled▲ Good
Bedout seismic reprocessing across 15,240 km² is complete, helping pick the 2026 exploration target. The joint venture's drilling environmental plan is well advanced, with drilling expected to start in Q3 2026. This firms up the earlier 2026 target.
22 July 2025asset acquisition disposition● NeutralMajor
Carnarvon agrees to invest up to A$89m in Strike Energy at 12c a share for up to 19.9%, in two tranches (A$52m first). This concludes the strategic review and ends the planned capital return; at least A$96m cash remains.
22 July 2025asset acquisition disposition● Neutral
Strike's side of the same deal: Carnarvon to invest up to A$88m at 12c, a 19.7% discount, for up to 19.9% and become Strike's largest shareholder. Second tranche needs Strike shareholder approval in mid-September 2025. Repeats Carnarvon's announcement.
6 May 2025investor presentation● Neutral
RIU Sydney conference presentation by the CEO pitching Dorado and Pavo (over 200 MMbbl gross 2C) as fuel-security assets, with 2026 drilling and A$186m cash. Repeats known facts; no new information.
17 Mar 2025capital raising announcement▲ GoodMajor
Carnarvon starts a process to potentially return up to 7c per share (A$125m) to shareholders, citing the Dorado delay and no better opportunity yet found. It would keep at least A$62m. Needs shareholder vote and an ATO ruling, expected within six months.
27 Feb 2025half year report● Neutral
Half-year to 31 December 2024: total comprehensive profit of A$7.05m versus a A$4.0m loss a year earlier. Restates the Dorado FPSO/FEED deferral, Bedout permit renewal and 2026 drilling plan, with the Ara prospect called the standout. Cash figures are not visible in the text.
21 Jan 2025joint venture update▼ BadMajor
Santos, as Dorado operator, will not buy the identified FPSO and will not enter FEED for now, so the 2025 FID target is deferred with no new timeline. Carnarvon has over A$180m cash and the US$90m carry. It reports further Bedout exploration wells are being planned for 2026.
18 Nov 2024admin correction● Neutral
Re-release of the 15 November AGM addresses and presentation, adding resource tables with low, best and high prospective resource estimates to the appendices. No new substance.
20 Sept 2024director officer appointment● Neutral
Susan Jones, ex-Beach Energy legal and ESG executive, joins the board as a non-executive director on 20 September 2024. Bill Foster retires on 30 September after 14 years. This completes the board succession flagged earlier in 2024.
18 Sept 2024investor presentation● Neutral
RIU Essential Energy conference presentation by CEO Huizenga, recapping the past 12 months: new board, Dorado/Bedout focus, lower costs, J.P. Morgan engagement, and the Dorado Phase 1 resizing with FID targeted in 2025. Resource figures are restated; no new facts.
30 Aug 2024annual report● Neutral
2024 Sustainability Report. Notes Carnarvon bought carbon credits (ACCUs) which it calculates cover the first 3-5 years of Dorado production under the Safeguard Mechanism, and confirms the biorefining exit. Dorado FEED re-entry is still expected late 2024 and FID in 2025.
30 Aug 2024annual report● Neutral
Appendix 4G and corporate governance statement for the year to 30 June 2024, confirming the statement is on the company website and current at 30 August 2024. Administrative filing with no new business information.
30 Aug 2024annual report● Neutral
Annual report for year to 30 June 2024. Restates the post-CPC-sale strategy: Dorado and Bedout focus, corporate costs down over 40% on 2023, no new material acquisitions, J.P. Morgan exploring options. Board changes and Huizenga as CEO are covered. Financial statements are not visible in the text.
18 July 2024regulatory community update▼ BadMajor
Dorado FID slips from end-2024 to 2025, with FEED re-entry later in 2024 once the joint venture secures a vessel or hull. Capex before first oil is still expected below ~US$2bn gross. Carnarvon still expects to be fully funded; cash was A$176m at 31 March.
27 June 2024asset acquisition disposition● NeutralMajor
Carnarvon has monetised and exited its biorefinery business interests, with no residual liabilities. No sale price is given. This ends the slowed FutureEnergy Australia venture, consistent with the strategy of focusing on Dorado and Bedout.
9 May 2024investor presentation● Neutral
Roadshow presentation by CEO Huizenga and director Black on the value of the optimised Dorado development. It repeats the strategy and resource figures already announced; no new facts visible in the text provided.