Puffin oil startup returns Australia’s AED into black

摘要

Sydney—AED Oil made a net profit of A1.2 million (1.12 million) in the six months to December 2007, compared with a loss of A1.1 million in the same period a year earlier, with the October startup of its Puffin oil field in the Timor Sea shoring up revenues, the Australian company said March 13.