AWE production, earnings rise

AWE has recorded production of 1.55 million barrels of oil equivalent for the fourth quarter ended June 30, 2011, up 7% over the previous quarter due to improved production from its BassGas, Cliff Head and Casino projects.

AWE production, earnings rise AWE production, earnings rise AWE production, earnings rise AWE production, earnings rise AWE production, earnings rise

Production for the year was also up 1% over the previous year to 6.12MMboe.

Earnings before interest, tax, depreciation, amortisation and exploration for the quarter were up 17% to $91 million.

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