Source: BRISBANE, July 28 AAP
Published: July 28 2005, 10:46AM
Energy company Tap Oil Ltd's operating revenue for the June quarter rose 44 per cent, compared to the previous corresponding period.
Boosted by high oil prices and less hedging impact, the company reported an operating revenue of $35.2 million for the June quarter.
It was also up 15 per cent on the March quarter revenue of $30.5 million.
Tap Oil said it achieved net production of 655 million barrels of oil equivalent in the period.
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