Columbus Energy Resources (CERP LN) has provided a significant update announcing the signing of a sale and purchase agreement for the acquisition of producing oil assets in Trinidad as well as a positive operational update for Q2 2018 with gross revenue in H1 2018 of US$5.65m and operating netbacks of US$1.64m. This demonstrates the successful achievement of positive operating cashflow while the announcement highlights in no uncertain terms management’s ability to deliver on the ambitio
13 Jul 2018
VSA Morning Flow Test
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Columbus Energy Resources (CERP:LON) | 0 0 0.0%
- Published:
13 Jul 2018 -
Author:
Oliver O’Donnell -
Pages:
4
Columbus Energy Resources (CERP LN) has provided a significant update announcing the signing of a sale and purchase agreement for the acquisition of producing oil assets in Trinidad as well as a positive operational update for Q2 2018 with gross revenue in H1 2018 of US$5.65m and operating netbacks of US$1.64m. This demonstrates the successful achievement of positive operating cashflow while the announcement highlights in no uncertain terms management’s ability to deliver on the ambitio