Key Points for Quarter „h Production was 28% higher than the previous quarter reflecting the contribution of the Mobile Bay gas fields and the production assets acquired in November 2007. „h Production: 4.4 Bcfe up 28%. „h Net Revenue: US$38.5 million (A$42.4 million) up 44%. „h EBITDAX: US$32.1 million (A$35.4 million) up 51%. „h Average sales price received: US$8.77/Mcfe up 13%. „h Net Debt: US$54.0 million, down 30% from US$76.8m at 31 December 2007.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held