EXPLORATION

AWE's profit falls but exploration to lead the way

DESPITE posting a 66% drop in net profit, Australian Worldwide Exploration is planning to bump up its exploration expenditure for a major exploration campaign in five basins across four countries.

AWE's profit falls but exploration to lead the way

The company recorded a net profit after tax of $88.6 million for the 2009 financial year, down from $264.4 million in the 2008 financial year. EBITDAX (earnings before interest, tax, depreciation, amortisation...

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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.

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.

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