Meridian Petroleum has announced interim results for the six months ended June 30, 2008. In a separate statement, Meridian has also announced plans for a 1 for 6 share consolidation.
Post Period Highlights
Stephen Gutteridge, Chairman of Meridian Petroleum, said, "During the first half of 2008, we have delivered increased production, a substantial acquisition, financing to invest in future growth and a maiden profit.
"We now intend to build on this success by adding further US production through drilling and acquisition, and by clearly identifying and developing the value in our Australian licenses."
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