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Petsec hopeful despite profit loss

PETSEC Energy's half-year results have been impacted by a $US9.1 million ($A11 million) loss due to impairments and lower production and sales.

Petsec hopeful despite profit loss

Underlying net profit, excluding write-offs, provisions and tax was $US6.1 million for the first half of 2009, down 46% on $US11.2 million in the previous corresponding period. Earnings before interest,...

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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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