West Perth-based oil and gas producer Tap Oil Ltd has announced a net profit before exploration write-downs of $19.2 million, down from last year's $39.4 milion first half profit.
International flights are expected to carry an additional 119,000 seats into and out of Perth from the end of March to the end of October, according to data released today by Airport Coordination Australia.
Nedlands-based medical device manufacturer Visiomed Group Ltd has appointed Italian medical distributor Siem Nova Srl to supply its Funhaler asthma spacer and accessories to the Italian market.
Perth-based gold explorer Zambezi Resources Ltd has announced plans to list on the ASX by June 2007 in order to accelerate its exploration and development activities over the year.
Trade Minister Warren Truss has opened a new office of the Australian Consulate-General in Chennai, increasing Australia's Indian diplomatic representation along with the High Commission in New Delhi and Mumbai Consulate-General.
Junior oil and gas companies Tomahawk Energy Ltd and K2 Energy Ltd have agreed to a $20 million scrip merger, to hasten expansion of their United States interests.
A report on the review of government employee housing in rural areas was tabled in parliament today, raising significant issues for the authority, according to state Director of Corruption Prevention, Education and Research, Irene Froyland.
Perth-based drilling products company Imdex Ltd has recorded a net profit after tax of $6 million for the first half of the financial year, an increase of 88 per cent on the previous period.
Balcatta-based transport systems technology developer ERG Group has announced a 74 per cent reduction in its net loss after tax for the first half of the financial year, up to $10 million from the $38.8 million in the prior comparative period.
Fremantle-based marine services company Mermaid Marine Australia Ltd has reversed an earlier decision to merge with Dubai Ports World subsidiary P&O Maritime Services Pty Ltd, saying the previous conditions were no longer appropriate.
Osborne Park-based Joyce Corporation Ltd, property investors and operators of the Bedshed Franchising Pty Ltd, has reported a 296 per cent increase in first half net profit, to $1.4 million.
Perth-based property developer Axiom Properties Ltd has acquired the headquarters of Melbourne's The Age newspaper at 250 Spencer St, in a joint venture with Industry Superannuation Property Trust No.3, for $66.1 million.
Perth-based movie subscription company Quickflix Ltd has raised $400,000 through a placement to rural television-focused WIN Corporation Ltd, and today clarified the company's alliance agreement with the station.
Como-based property developer Port Bouvard Ltd chief executive Ross Neumann has bought 312,000 shares worth $843,000 in the company after it reported a 65 per cent fall in profits for the first half of the 2007 financial year.
Perth-based property developer Aspen Group Ltd has secured development rights at a Newcastle, NSW residential land subdivision, triggring a $76.6 million loan to the land's existing owners.
West Perth-based industrial company Schaffer Corporation Ltd has announced a 44 per cent increase on its first half net profit after tax to $5.2 million, from $3.6 million in the previous corresponding period.
The $430 million upgrade of the Dampier to Bunbury natural gas pipeline was officially opened today, while work on a further $700 million expansion continues.
West Perth-based nickel producer Jubilee Mines NL has announced a $107.6 million first half net profit after tax, a 362 per cent increase on the $23.3 million recorded in previous period.
Perth-based exploration company Western Uranium Ltd has signed a joint venture agreement with fellow explorer Prairie Downs Metals Ltd, earning an 85 per cent uranium interest for $750,000.
Opposition Leader Paul Omodei has called for the immediate return of Premier Alan Carpenter from his overseas trade mission, saying the state was facing a crisis of integrity in Government.
Wembley-based winemaker Evans & Tate Ltd will conduct due diligence on a takeover offer issued by Sydney-based Yarraman Winery Inc, to come to a decision by March 20, the company has announced.
Como-based property developer Port Bouvard Ltd has suffered a 65 per cent fall in profit to $6.4 million in the half year to December 31 2006, from the previous $18.2 million, after a significant company restructure.
South Perth-based oil and gas producer Cooper Energy Ltd has signed a farm-out agreement for 15 per cent of its 45 per cent interest in the South Madura production sharing contract to a subsidiary of Canadian company Nations Energy, Nations Petroleum BV.
West Perth's GVM Metals Ltd will raise $6.2 million through a placement of 8.3 million shares to London investors, raising funds for its acquisition of 50 per cent of the Baobab coal mining joint venture.
Perth-based drilling products company Imdex Ltd will acquire privately-owned Swedish borehole survey systems supplier Flexit AB and Flexit Navigation AB for $22 million in a cash and scrip sale, the company announced today.
Another permit area has been granted in the Gorgon LNG project, covering 3,000 sqkm, with Chevron Australia Ltd the major beneficiary of the three-year work program.
Kambalda-based nickel producer Mincor Resources NL has secured a net half year profit after tax increase of 271 per cent, to $37.2 million, the company announced today.
Applecross-based engineering company Monadelphous Group Ltd has recorded a first half profit of $31.4 million, up 152 per cent on the previous corresponding period.
Subiaco-based nickel explorer Gryphon Minerals Ltd has signed a joint venture agreement with Perth-based Minara Resources Ltd for exploration of its Collurabbie and Mount Rankin projects.
Nedlands-based pharmaceutical company PharmAust Ltd has signed a five-year distribution contract for five generic prescription medicines to the Australian market, the company announced today.