Australian upstream company Stuart Petroleum has booked a 147% jump in annual sales to A$14.7 million for 2003-2004, with forecast of further growth in the year ahead. (US$1=A$1.4). The Advertiser reports that Stuart’s oil production climbed to 328,100 barrels – up from 123,000 barrels the previous year, thanks to six oil discoveries in South Australia’s…
AUSTRALIA: Stuart Petroleum reports 147% rise in revenue, more growth expected in year ahead
Posted on July 27, 2004 by EnergyAsia