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OPERATIONS

Stuart achieves turnaround, sees bigger year ahead

STUART Petroleum is aiming to produce more than 350,000 barrels of oil in the 2011 financial year and expects to make a final investment decision on the Port Bonython fuels project in the next few months.

Marija Stojkovic
Stuart achieves turnaround, sees bigger year ahead

In the company's financial year report for the year ended June 30, 2010, Stuart said it was forecasting an increase in production for FY2011 on the back of the Worrior-7 and Acrasia-5 development wells....

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