Sunday, March 24, 2013

Australian oil-gas firm doubles profits

NIDO PETROLEUM Ltd. managed to more than double net profit last year, partly as lower expenses eased the impact of reduced oil revenues and due to "recognition of a deferred tax asset," the oil-gas exploration and production firm said in a report to the Australian Securities Exchange.

View the original article: http://www.bworldonline.com/content.php?section=Corporate&title=Australian-oil-gas-firm-doubles-profits&id=67720



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