June 17 (Reuters) - Byron Energy Ltd BYE.AX :
* PLATFORM PURCHASED FROM PRIVATE CO HAS BEEN OFFLOADED AT ACADIAN CONTRACTORS TO UNDERGO MODIFICATIONS & BUILD OUT TO BYRON SPECIFICATIONS
* EXPECTS COST SAVINGS IN RANGE OF $US4-6 MILLION AND AN ESTIMATE TIME SAVINGS OF 9 MONTHS TO FIRST PRODUCTION FROM PURCHASE OF NEW FACILITY