Oil and gas explorers Carnarvon Petroleum Ltd [ASX:CVN] and Santos Ltd [ASX:STO] have done it. Their persistence in WA has paid off after they finally found what they were looking for: oil.
The Carnarvon Petroleum Limited [ASX:CVN] share price has surged by 25% at the time of writing. Which doubled the price of its close on Friday trading at 17.5 cents, before the announcement of Monday’s pre-news trading halt. This is all new ground for CVN, which saw its... Click here.