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Winchester Energy Ltd ( (AU:WEL) ) just unveiled an announcement.
Winchester Energy Ltd reported a quarterly net revenue of AUD$464,199 (US$304,050) from its working interest in oil and gas production, with an average daily production of 73 barrels of oil equivalent per day. The company successfully resolved legal proceedings with Westex Resources, Inc. and withdrew from Peruvian TEA applications. Despite a decrease in the average sale price per barrel, which negatively impacted revenue, Winchester maintained steady production levels compared to the previous quarter.
More about Winchester Energy Ltd
Winchester Energy Ltd operates in the oil and gas industry, focusing on the production and sale of oil and gas. The company holds working interests in various oil fields, primarily located in the United States, and is involved in both production and decommissioning activities.
Current Market Cap: A$1.36M
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