Monday, February 6, 2012

Afren falls short of forecasted 2011 sales target


Afren, a UK-listed independent company saw its shares take a hit after the net production fell short of the predicted figure by almost 6000 barrels of oil equivalent per day. Afren’s 2011 forecast had predicted a net production of 25000 barrels of oil equivalent per day, but realised only about 19200, a figure which is still higher than that of 2010, which was 14320 barrels of oil per day.
For more on Afren’s production, its presentations and any other information, check out the following link on Derrick’s new Document Search Tool:

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