Whitebark reports loss of $3m

WHITEBARK Energy posted a net loss after income tax of $3.05 million for the last six months of 2017, although its production revenue was just over $633,000 for the same period.

Xanadu-1

14 March 2018
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The loss comes after the company said it had a strong last quarter when oil was confirmed at its Xanadu-1 joint venture well in the Perth Basin.

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