EXPLORATION

Bounty lays foundations for growth

BOUNTY Oil & Gas says it has performed well during the global financial storm and laid the groundwork for reserve and oil revenue growth in the 2010 financial year.

Marija Stojkovic

The company said it recorded a $3.49 million profit after tax for the year ended June 30 and increased the value of its net assets by $6.17 million to $14.26 million. Chief executive officer Philip...

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