Wellstream Says Year End Results Should Beat Expectations

Wellstream is providing the market with an update on current trading. The Board is pleased to announce that the Company’s results for the year ended December 31, 2007 will be significantly ahead of current expectations. This is primarily due to the progress that has been made during the start-up of the company’s Brazil facility and the close out of a number of contracts, which exceeded management’s expectations. In addition, the Company is now intending to further enhance production in Brazil by mobilizing an additional shift in the plant. Wellstream has also continued to see strong throughput and product mix at the Newcastle facility.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Sr. Accountant / Accounting Specialist, Revenue Accounting
Expertise: Accounting
Location: Houston, TX
 
Project Engineer/Project Manager
Expertise: Project Management
Location: Baton Rouge, 
 
Accounting / Credit Associate
Expertise: Accounting
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $54.16/BBL 0.44%
Light Crude Oil : $51.37/BBL 0.56%
Natural Gas : $3.37/MMBtu 2.12%
Updated in last 24 hours