Summary
SHARES in Melrose Resources lost more ground after the oil and gas com-pany reported a fall in third quarter production although it raised its full-year forecast, writes Mark Williamson.
Edinburgh-based Melrose said output averaged 41,000 barrels oil equivalent daily (mboepd) on a working interest basis in the third quarter, "approximately 6% lower" than during the same period in 2009.See the full content of this document
Extract
Melrose Reveals a Fall in Production
The company said the shortfall was due ...
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