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GCA cuts Carnarvon's reserves

CARNARVON Petroleum has had its proved reserves slashed by Gaffney, Cline and Associates to 3.8 m...

James McGrath
GCA cuts Carnarvon's reserves

The ASX-listed company also had its 2P figure downgraded from 20.4MMbbls last year to 12.1MMbls. Carnarvon said the 1P figure was based upon the completion of a work program of roughly 28 development...

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