after tax net loss of NZ$710,000 for the third quarter of 2008, an improvement from the loss of NZ$3.64 million for the same period last year. (US$1=NZ$1.6). Cash flow from operations totalled to NZ$1.370 million, compared with a loss of $9.1 million in the previous quarter, reflecting the impact of oil price hedges, now closed…
NEW ZEALAND: Austral Pacific attributes NZ$710,000 3Q 2008 loss to unsuccessful well projects
Posted on November 23, 2008 by EnergyAsia