FY18 production was 17.5 mboe/d (GMP FEe: 17.2 mboe/d) with cash capex of US$260 mm (below budget of US$335 mm as the balance will be paid in 2019). FY19 production guidance has been set at 19-22 mboe/d (GMP FEe: 21.5) implying 30-35 mbbl/d for Kraken.
22 Jan 2019
FLASH: 4Q18 in line
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FLASH: 4Q18 in line
Capricorn Energy PLC (CNE:LON) | 170 -0.7 (-0.2%) | Mkt Cap: 155.9m
- Published:
22 Jan 2019 -
Author:
Stephane Foucaud -
Pages:
2
FY18 production was 17.5 mboe/d (GMP FEe: 17.2 mboe/d) with cash capex of US$260 mm (below budget of US$335 mm as the balance will be paid in 2019). FY19 production guidance has been set at 19-22 mboe/d (GMP FEe: 21.5) implying 30-35 mbbl/d for Kraken.