MARKETS

Whitebark reports loss of $3m

Whitebark posts loss as it places hopes in Xanadu and an increase in Canadian production

Carmen Allan-Patale

Xanadu-1

Xanadu-1

The loss comes after the company said it had a strong last quarter when oil was confirmed at its Xanadu-1 joint venture well in the Perth Basin. The company incurred exploration costs of $1.5 million...

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