FY18 production was 55,447 boe/d (GMP FEe: 55.1 mboe/d, 2018 guidance was 54-56 mboe/d) with Kraken producing 30,310 bbl/d (gross). The company indicated that Kraken reservoir performance was on track. Magnus produced 21,528 boe/d in December. This compares to our forecast of 17.5 mboe/d in 2019.
05 Feb 2019
FLASH: Operating update
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FLASH: Operating update
EnQuest PLC (ENQ:LON) | 14.1 0 0.0% | Mkt Cap: 269.7m
- Published:
05 Feb 2019 -
Author:
Stephane Foucaud -
Pages:
2
FY18 production was 55,447 boe/d (GMP FEe: 55.1 mboe/d, 2018 guidance was 54-56 mboe/d) with Kraken producing 30,310 bbl/d (gross). The company indicated that Kraken reservoir performance was on track. Magnus produced 21,528 boe/d in December. This compares to our forecast of 17.5 mboe/d in 2019.