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KrisEnergy's Q2 loss falls to US$5.8m

Revenue rises 33.5% to US$22.3m on higher oil output and prices

OIL and gas firm KrisEnergy narrowed losses for the second quarter, recording US$5.8 million in total comprehensive loss attributable to shareholders, compared with US$8.2 million a year ago. Revenue rose 33.5 per cent to US$22.3 million, as oil and gas production increased and oil prices rose.