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Petsec forecasts 3Bcfe for 2011

PETSEC Energy is targeting production of 3 billion cubic feet of gas equivalent and net revenue o...

James McGrath

The company produced 812 million cubic feet equivalent in the March quarter, a drop of 36% year-on-year, while net revenue was down 50% to $US4.8 million. Daily net production for the quarter averaged...

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