OPERATIONS

Stuart might not hit production target

THE performance of the Worrior-7 well in the Cooper Basin has led Stuart Petroleum to believe it might not be able to achieve its 2011 financial year production guidance of 350,000 barrels.

Marija Stojkovic

However, the company still expects its FY2011 production to surpass the FY2010 production level of 193,000bbl. Worrior-7 was drilled in July and flowed 2300 barrels of oil per day from the primary target...

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