1H18 production was 51.1 mboe/d (GMP FEe: 51.8 mboe/d). Production in the period was impacted by a partial shutdown of Forcados. Oil “losses” were 8% (GMP FEe: 8.7%). At the end of the period, Seplat held net debt of US$40 mm (GMP FEe: US$122 mm), down from US$189 mm at the end of 1Q18.
30 Jul 2018
FLASH: 1H18 results
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FLASH: 1H18 results
Seplat Energy PLC (SEPL:LON) | 159 4.5 1.8% | Mkt Cap: 935.5m
- Published:
30 Jul 2018 -
Author:
Stephane Foucaud -
Pages:
2
1H18 production was 51.1 mboe/d (GMP FEe: 51.8 mboe/d). Production in the period was impacted by a partial shutdown of Forcados. Oil “losses” were 8% (GMP FEe: 8.7%). At the end of the period, Seplat held net debt of US$40 mm (GMP FEe: US$122 mm), down from US$189 mm at the end of 1Q18.