Coastal Energy's earnings and production soar

Coastal Energy Company, an independent exploration and production company with assets in Thailand, said production in the second quarter increased to 21,713 barrels of oil equivalent per day (boepd) compared to 9,494 boepd the same period the previous year.

Coastal Energy Company, an independent exploration and production company with assets in Thailand, said production in the second quarter increased to 21,713 barrels of oil equivalent per day (boepd) compared to 9,494 boepd the same period the previous year.

Offshore production was higher at 19,351 barrels per day due to the inclusion of production from both platforms at Bua Ban North after full production came on throughout January and February.

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