GEEC has released its FY 2015 results coming in ahead on earnings though behind on sales gas volumes and revenues. We have adjusted our FY 2016 forecast to reflect this holding earnings constant and also publish forecasts for FY 2017. Operationally the company’s optimisation programme continues to yield results and with wells continuing to ramp up production has risen from 12.4mmcf/d in December to 15.1mmcf/d currently. Key large offtakers SAIL ISP and SAIL DSP will be important for con
22 Jul 2015
Full Yr To 31 Mar Results
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Full Yr To 31 Mar Results
- Published:
22 Jul 2015 -
Author:
Daniel Slater -
Pages:
8
GEEC has released its FY 2015 results coming in ahead on earnings though behind on sales gas volumes and revenues. We have adjusted our FY 2016 forecast to reflect this holding earnings constant and also publish forecasts for FY 2017. Operationally the company’s optimisation programme continues to yield results and with wells continuing to ramp up production has risen from 12.4mmcf/d in December to 15.1mmcf/d currently. Key large offtakers SAIL ISP and SAIL DSP will be important for con