Carnarvon generated net revenue of A$7.4 million (US$7.7 million) in the March quarter of 2012, down 17.8% on the December quarter revenue of A$8.7 and down 35% on the A$10 million in revenue generated in the March quarter of 2011.
In its first quarter report, Carnarvon said the revenue came as its share of total production fell 22% from 87,856 barrels in the December 2011 quarter to 71,767 barrels in the March quarter.
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