AWE awe limited
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HIGHLIGHTS• Oil and gas production remained strong at 2.52...

  1. FiendishRedbeard
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    31/10/08
    12:10
    Post #: 4452835
    HIGHLIGHTS
    • Oil and gas production remained strong at 2.52 million BOE.
    • Revenue of $252 million, close to a Company record.
    • Merger with ARC Energy completed on August 25, 2008 with production and revenue contributing immediately to
    AWE group results.
    • Gas discovery in Netherby-1 exploration well completed for future production.
    • Subsequent to the end of the quarter, the Henry-2 development well was drilled and completed for future production.
    • Net cash reserves of $283 million at the end of the quarter following the ARC merger.
    AWE Price at posting: $2.33 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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