AWE plans Waitsia turnaround

AWE managed to hold its production steady for the year ended June 30, but in the face of lower oil and gas prices it has joined its peers in posting a loss for the past year.

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The Sydney-based oiler's statutory net loss after tax of $363 million includes $242.5 million of non-cash impairments, including $169 on BassGas, $53.

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