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AUSTRALIA

Cooper suffers from PRRT change

COOPER Energy has fallen prey to the petroleum resource rent tax, posting statutory full-year pro...

Bianca Bartucciotto

"[The fall was] due to the impact of initial recognition and then derecognition of PRRT between years," the company reported. Underlying profit suffered a smaller drop, from $14 million in FY12 to $12.7...

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