Winchester rides the strong oil price wave

TEXAS-focussed Winchester Energy saw a 25% spike in net oil and gas revenue in the June quarter, while its White 2106 well in the Permian Basin, spud after the reporting period, saw impressive potential.

Winchester rides the strong oil price wave Winchester rides the strong oil price wave Winchester rides the strong oil price wave Winchester rides the strong oil price wave Winchester rides the strong oil price wave

Oil and gas revenue boosted by strong prices

Total oil and gas sales revenue for the June quarter came to A$661,805, a 25% boost compared to the previous quarter. 

The average sale price per barrel of oil came to $64.