Gas prices continue to bite Petsec

PETSEC Energy has recorded a $US14 million ($A13 million) profit for the full year but depressed gas prices continue to take their toll on the US-focused producer.

Gas prices continue to bite Petsec 
Gas prices continue to bite Petsec 
Gas prices continue to bite Petsec 
Gas prices continue to bite Petsec 
Gas prices continue to bite Petsec

The profit was a turnaround from the $35.2 million loss recorded in the previous year but resulted from accounting gains of $11.4 million on the discharge of a term loan and $29.

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