Carnarvon Energy (ASX:CVN) was conducting an exploration drilling campaign at its Pavo-1 field, a joint venture project with Santos located on Western Australia’s North West Shelf.
The campaign was a major success, with CVN confirming a significant hydrocarbon discovery and wanting to secure national publicity to do it justice.
The importance was two-fold – firstly the Company wanted adequate market recognition for the significance of the resource; and secondly it needed to rebuild a positive story externally, following a disappointing result from its Buffalo campaign months earlier.
CVN also announced a 48-hour trading halt, which gave Spoke a day to develop a customised media strategy.
Carnarvon Energy
Commercial, Energy, Exploration
March 2022