PTT Exploration and Production Plc (PTTEP) on Tuesday reported a net profit of 5.26 billion baht for the third quarter of this year, falling as much as 60 percent from the same period last year.
According to its report to the Stock Exchange of Thailand, PTTEP, 65 percent owned by Thailand’s oil and gas giant PTT Plc, said the company and its subsidiaries’ total revenues in the third quarter dropped by 27 percent from the same period last year to 30.77 billion baht while total expenses rose by 20 percent to …

PTT Exploration and Production Plc (PTTEP) today announced that its subsidiary had entered into an agreement to buy an exploration licence for AC/P 33 or Oliver block in Timor Sea, northwest of Australia, for US$ 35 million.

Anon Sirisaengtaksin, PTTEP’s chief executive officer, said in the report to the Stock Exchange of Thailand that the company’s subsidiary, PTTEP Australasia (Ashmore Cartier) Pty Ltd, had signed the agreement with Stuart Petroleum Limited and Albers Group for the licence, which is still pending approval from the Australian government and the fulfillment of some …

Thailand’s PTT Exploration and Production Plc (PTTEP) on Wednesday reported a net profit of nearly 6.5 billion baht in the second quarter of this year, dropping about 50 percent from that of the same period last year.
PTTEP, Thailand’s sole oil and gas exploration and production operator which is a subsidiary of PTT Plc, said the quarterly net profit however rose about 13 percent from about 5.75 billion baht in January-March period of this year.
According to a report to the Stock Exchange of Thailand (SET), PTTEP said its total revenues during …