AUSTRALIA

Geodynamics books impairments

GEODYNAMICS has changed the focus of its project in the Cooper Basin after posting asset impairments for the area.

Geodynamics books impairments

The company posted a full-year loss before income tax expense of $105 million, up from $11.7 million in the 2012 financial year. Geodynamics said it decided to write down its Cooper Basin assets as...

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