Carnarvon Energy is advancing its goals, mainly focusing on the Dorado development.

The optimised plan for Dorado aims to reduce capital expenditure while increasing project value, paving the way for a final investment decision in 2024.

Cost-cutting measures have reduced corporate expenses by over 40% compared to 2023, enhancing financial efficiency.

Carnarvon is exploring alternative transactions with financial advisor J.P. Morgan to accelerate shareholder value realisation.