Carnarvon halts trading ahead of Phoenix South results

 Australia's ASX building is seen in central Sydney October 25, 2010. Singapore Exchange (SGX) unveiled an agreed $8.3 billion takeover offer for Sydney-based ASX Ltd on Monday to create the fifth-largest listed exchange in the world. REUTERS/Daniel Munoz (AUSTRALIA - Tags: BUSINESS)

Trading halt: Carnarvon has called a stop to trading in its shares ahead of an announcement on the Phoenix South-1 well

Australian company Carnarvon Petroleum has entered a trading halt ahead of an announcement related to the Phoenix South-1 well which is being drilled off the coast of Western Australia.

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