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AUSTRALIA

Stuart hit by Bazzard-1, lower oil prices

STUART Petroleum's venture into Bass Strait has proved costly with the company recording a net lo...

Marija Stojkovic

In the March shareholder report, released on Friday, Stuart said the loss was recorded after the expenditure of $41 million to drill Bazzard-1 and the write-downs of impaired assets brought about by lower...

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