Carnarvon Energy Director Ups Stake

Carnarvon Energy Limited (AU:CVN) has released an update.

Carnarvon Energy Limited has announced that Director Robert Black has increased his holding in the company. As detailed in a recent filing with the ASX, Black purchased 1,000,000 ordinary shares on the market, which, along with his current 1,500,000 unvested performance rights, brings his total interest to 2,000,000 ordinary shares. The transaction, valued at $164,632.85, reflects a notable change in the director’s interest in the energy company.

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