AUSTRALIA

Cashed-up Arrow posts big reserves upgrade

COAL seam gas producer Arrow Energy has announced a major reserves upgrade and forecast a liquefied natural gas-driven pre-tax profit of $345 million for the December 2008 half year.

Steve Rotherham

Cashed-up Arrow posts big reserves upgrade

The company's result was boosted by several transactions, most notably one with the Royal Dutch Shell Group for the sale of 30% equity in Arrow's Australian tenements. Shell and Arrow are aiming to...

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

OPINION

Slugcatcher: Pressure builds on Woodside's Goyder

OPERATIONS

NOPSEMA dishes out multiple sanctions over wire snap incident at Gorgon

OPERATIONS

New federal government data paints a mixed picture for fossil fuels and renewables

OIL & GAS

Santos clears key legal hurdle for Narrabri gas project

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.