OIL

AED pre-sells first shipment of Puffin crude

AS THE Front Puffin floating processing, storage and offtake vessel enters Australian waters, AE...

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First oil production is scheduled for late this month. Offtake is scheduled for the second half of October.

According to AED, installation works are well advanced at the Puffin Field. Weather has been favorable over the last few weeks, with good conditions also predicted for the forecast period.

In other news, AED was recently added to the S&P/ASX 200 Index.

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