REVENUE AND PRODUCTION
Carnarvon achieved revenue for the September quarter of A$31.2 million, with an average price bof A$118.44 per barrel.
EVERYTHING IS UP !!!
Net oil production sales and revenues for the past two quarters are as follows:
Sept 08
quarter
Jun 08
quarter
Qtrly %
Change
Comments
Net sales volumes
– (bbls) 263,179 236,528 + 11%
Some wells shut-in
due to ongoing
drilling programme
Net sales revenue –
(A$ 000) 31,171 25,078 + 24% Increased volumes
and oil price
Average sale price
achieved – (A$/bbl) 118.44 106.15 + 12% Increased US$ oil
price and weaker A$
Net average daily
(bopd) 2,860 2,596 + 11%
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