News - Varanus Island
Santos, engaged in the production, transportation and marketing of hydrocarbons, has secured a new gas supply contract with Moly Metals Australia for its Spinifex Ridge molybdenum and copper mine located in the Pilbara region of Western Australia.
Independent oil and gas producer Apache has reported that high crude oil and natural gas prices fueled record net income of $1.4 billion, or $4.28 per diluted common share, for the second quarter of 2008, a 128% increase from $632 million, or $1.89 per share, in the prior-year period.
HOUSTON, July 31 /PRNewswire-FirstCall/ -- Apache Corporation today reported that high crude oil and natural gas prices fueled record quarterly net income of $1.4 billion or $4.28 per diluted common share, a 128-percent increase from $632 million or $1.89 per share in the prior-year period.