Scandoil  

Independent Resources Q4 net production of oil stands at 15,400 barrels


Published Jan 21, 2016
Independent Resources

Independent Resources releases its trading update for the fourth quarter of 2015.

Highlights

Completion of East Ghazalat acquisition providing IRG with revenue generating assets in Egypt
Fourth quarter net production of 15,400 barrels of oil
Fourth quarter attributable revenues of US$242,499
Discussions in progress with East Ghazalat's operator North Petroleum to improve this asset's financial and operating performance
Finalising arrangements to invoice and receive revenue payments directly from the Egyptian General Petroleum Company to improve cash flow
Further technical analysis conducted on Ksar Hadada to assess its potential

Tags: Independent Resources plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml