Oil and gas explorer and producer Petsec Energy Ltd has reduced its 2010 production and revenue forecast to about 4.0 Bcfe (billions of cubic feet equivalent) and $US28 million ($31.94 million) respectively.
The company said on Thursday that the reduction was "predominantly due to the deferral of production from the Main Pass 270 field (in the Gulf of Mexico) due to third-party pipeline interruptions to production".
