The write-downs on the carrying values of the Stybarrow, Enfield and Laminaria Corallina fields, and final amortisation of the second and third Pluto trains and Neptune have hit the company’s expected profit for the year.
The company posted revenue for the quarter of $1.6 billion, 23.2% higher than the previous quarter.
Revenue for the quarter was 6.7% lower than the corresponding quarter in the previous year, on the back of a reduced sales volume.
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