The Sydney Morning Herald
Arrow forecasts record earnings
August 25, 2008 – 11:29AM
Coal seam gas producer Arrow Energy Ltd has forecast record earnings for this year after delivering a rise in annual profit for 2007/08.
Net profit during the 12 months to June 30 climbed 100.9 per cent higher on the corresponding period in 2006/07 to $37.16 million after an increase in gas and electricity sales and prices.
Arrow Energy chief executive Nick Davies said the company was poised for “another record year” in financial 2009 and was well positioned to build on the firm base it had created.
The company in June signed a $776 million deal with Royal Dutch Shell to commercialise its vast coal seam gas reserves through a proposed liquefied natural gas (LNG) development in Queensland.
Revenue during the 12 months to June 30 climbed 228.7 per cent higher on the corresponding period in 2006/07 to $91.61 million.
“Much of this margin growth is due to our exposure to the downstream electricity market, through our throughput ownership of the Daandine and Townsville Power Stations, where prices have been very strong,” Mr Davies said.
Arrow shares were steady at $3.18 by 1101 AEST.
© 2008 AAP
http://news.smh.com.au/business/arrow-forecasts-record-earnings-20080825-41pj.html
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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