AWE 0.00% 94.0¢ awe limited

further bass gas delay, page-2

  1. 729 Posts.
    MARKET TALK: Australian Equities Roundup 18/07/05 12:07:00 1202 [Dow Jones]
    Australian Worldwide Exploration (AWE.AU) slides after BassGas operator Origin Energy (ORG.AU) unveils further 2 month delay at troubled offshore Victoria gas project. ORG now says commissioning will start in September; had previously forecast July. Latest delay caused by difficulties in completing "rectification work" on unmanned Yolla A offshore platform.
    Semi-submersible vessel to house workers due on site in August. BassGas partners remain in arbitration with previous engineering contractor Clough Ltd. (CLO.AU).
    AWE down 4.3%. (SPB)
 
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