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Results & Trading Statements

Tuesday June 30, 07:30 AM
BRIEF-Petrofac sees Don Southwest output starting in next few days

LONDON, June 30 (Reuters) - Petrofac Ltd:

* Good start to the year and is increasingly confident that 2009 will be

another year of strong growth

* Expect commencement of production from two wells on the Don Southwest Field

in the next few days

* First tanker shipment of about 472,000 barrels of oil from don field

delivered to a terminal in Rotterdam

* Total backlog is expected to be approximately US$8.0 billion at 30 June 2009

* Expects its gross cash balances to be around US$850 million at 30 June 2009

((London Equities Newsroom; +44 20 7542 7717))

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