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Afren becomes first victim of oil slump as it enters administration - Telegraph.co.uk
Telegraph.co.uk | Afren becomes first victim of oil slump as it enters administration Telegraph.co.uk Earlier this year the company revealed pre-tax losses of $1.95bn due largely to a $900m impairment charge against falling oil prices and the write-off of its Barda Rash reserves in Kurdistan. The loss compared with a $140m profit in the previous year. CompaniesOil explorer Afren calls in administrators Oil producer Afren's board to put company into administration Afren enters administration after oil price slump and boardroom strife |
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31.07.2015 (3575日前)
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