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))
(For more news, please click here)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters (TRI.TO - news) .
NNNN
|
|

|