Beach Petroleum in record quarter
April 26th, 2007
Beach Petroleum Ltd has posted record quarterly oil and gas production, boosted by its takeover of Delhi Petroleum.
In its second quarter, Beach produced 2.31 million barrels of oil equivalent (mmboe) and revenue of $130.9 million, outstripping production of 2.28 mmboe and $94 million of revenue in the December quarter.
Last September Beach snapped up Delhi for [...]