Inpex said on Tuesday that the charges are expected to hit its net income for the fiscal year that ended 31 March, which is now estimated to be 26 billion yen, an almost 50% drop compared to the 52 billion yen-forecast from February.
Inpex will recognise one-off losses on the Lucius oilfield in the US Gulf of Mexico, the offshore Angola Block 14, the Shale Gas project in Canada, and on the JPDA06-105 Block in the joint petroleum development area of the Timor Sea, it said.
The
