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Nov. 2--PTTEP PROFIT RISES: PTT Exploration and Production Plc yesterday reported a consolidated net profit of 4.11 billion baht in the third quarter, an increase of 220 million baht from the same period last year on 12.76 billion baht consolidated sales, an increase of 29 percent.
The exploration subsidiary of PTT Plc attributed the increases to increased sales of petroleum products and product price rises. For the period, the company sold 135,456 barrels of oil equivalent per day (boed) compared with 112,016 boed in the same period last year while the average product price rose to US$23.83 a barrel from $20.55.
Crude oil from the S1 field, and natural ...