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A little luck needed: Fern

PETSEC Energy executive chairman Terry Fern says the company could be on the cusp of a transformation with the start-up of its Hummer and An Nagyah projects, and is focused on throwing off as much cash over the next two years as possible.

A little luck needed: Fern

Speaking at Petsec's AGM yesterday, Fern said that with three-year forecast prices of $US50 per barrel and $US3 per thousand cubic feet, the company's interest in the Hummer field should generate around...

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