Petsec Energy says restrictions on drilling in the Gulf of Mexico and a shut-in at its largest field have hit its operations, causing an earnings drop.
Petsec Energy says restrictions on drilling in the Gulf of Mexico and a shut-in at its largest field have hit its operations, causing an earnings drop.
The oil and gas explorer, focused on the United States and China's Beibu Gulf, said it made a $US30.7 million loss in the six months to June 30, much steeper than the $US9.1 million loss in the prior corresponding period.
