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Winchester Energy Advances Peru Offshore Bid Amid Steady Texas Production
4:28am on Monday 2nd of June, 2025 AEST
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Energy
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Winchester Energy Advances Peru Offshore Bid Amid Steady Texas Production
4:28am on Monday 2nd of June, 2025 AEST
Key Points
Non-binding term sheet signed with Jaguar Exploration for offshore Peru exploration covering 8,060 km²
Quarterly net revenue steady at AUD 578,012 with production averaging 74 boepd
Cost reduction program and staff rationalisation underway to improve capital discipline
Jocelyn Varn Oil Field production stable with significant 2P reserves reported
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