3Q17 WI production stood at 44,810 boe/d (GMP FEe: 45.4 mboe/d) including 111 mmcf/d. Uptime on Forcados during 3Q17 was 84% with reconciliation losses reduced to below 3% from c.10% previously.The company reiterated its FY17 production target of 35-38 mboe/d. Seplat has reached 352 mmcf/d gross gas production. Net cash from operating activities over the first nine months of 2017 was US$167.1 mm (GMP FEe: US$193 mm) with the difference between actuals and our forecasts reflecting a slower pac
23 Oct 2017
FLASH: Good 3Q16 results
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FLASH: Good 3Q16 results
Seplat Energy PLC (SEPL:LON) | 144 0.3 0.1% | Mkt Cap: 850.2m
- Published:
23 Oct 2017 -
Author:
Stephane Foucaud -
Pages:
2
3Q17 WI production stood at 44,810 boe/d (GMP FEe: 45.4 mboe/d) including 111 mmcf/d. Uptime on Forcados during 3Q17 was 84% with reconciliation losses reduced to below 3% from c.10% previously.The company reiterated its FY17 production target of 35-38 mboe/d. Seplat has reached 352 mmcf/d gross gas production. Net cash from operating activities over the first nine months of 2017 was US$167.1 mm (GMP FEe: US$193 mm) with the difference between actuals and our forecasts reflecting a slower pac