Hunting PLC
19 August 2005
19 August 2005
Hunting PLC
Trading update
Hunting's results for the six months to 30 June 2005 will be announced on 1
September 2005.
The favourable trading conditions highlighted in the recent Rights Issue
Announcement have continued. Accordingly, profits in the first seven months in
both Gibson Energy and Hunting Energy Services have increased over last year.
As a result, the Board now expects the Group's profits for the full year to
exceed current market expectations. The outcome will depend on a number of
factors including, but not limited to, the price of oil and gas, heavy oil price
differentials and exchange rates for the remainder of the year.
Dennis Proctor, Hunting's Chief Executive, said: 'We are encouraged by the
Company's current trading and the second half of the year has started with the
continuation of an improving market for our products and services.'
-Ends-
For further information, please contact:
Hunting PLC Tel: 020 7321 0123
Dennis Proctor, Chief Executive
Dennis Clark, Finance Director
Hogarth Partnership Limited Tel: 020 7357 9477
Andrew Jaques
Edward Westropp
Notes to Editors:
Hunting PLC is an international oil services company providing support solutions
to the world's largest oil and gas companies.
This information is provided by RNS
The company news service from the London Stock Exchange
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