Byron Energy sees evacuations due to Tropical Storm Barry

Company News

by Rachael Jones

Byron Energy (ASX:BYE) has issued a number of evacuations due to impending weather conditions in the Gulf of Mexico brought on by Tropical Storm Barry.

Operating personnel have been safely evacuated SM71 F Platform Production.

The White Fleet Drilling 350 jack-up rig currently conducting operations on SM74 D14 well will be evacuated soon.
Plugging and abandonment operations were ongoing at the time of the evacuation.

Flooding has already hit New Orleans as the possible hurricane builds.

Shares in Byron Energy (ASX:BYE) are trading 1.06 per cent lower at $0.23.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.