Sales revenue increased 14 per cent to $393 million, based on better-realised oil and gas prices, but lower-than-expected sales volumes meant the March result was 6 per cent below JPMorgan’s forecast.
The forecast was missed by 6%
No doubt it’s a shit result but it can be quantified. We know what the top line impact is and the bottom line. We can also qualify the reduction in reserves in dollars.
The high oil price will offset the reduction in output in the short term.
Sales revenue increased 14 per cent to $393 million, based on...
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