Logbaba field gross production in Cameroon was 9.9 mmcf/d. 1H19 operating cashflow was US$3.2 mm excluding working capital movements (GMP FEe: US$3.2 mm) and -US$4.7 mm including working capital movements (GMP FEe: -US$1.3 mm). Receivables at 30th June 2019 were US$13.4 mm (US$8.7 mm YE18). Net debt at 30th June 2019 was US$6.9 mm (GMP FEe: US$7.2 mm). Work-over operations at La-108 have started with the tool lost in the hole having now been recovered.
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FLASH: 1H19 results
- Published:
30 Sep 2019 -
Author:
Stephane Foucaud -
Pages:
2
Logbaba field gross production in Cameroon was 9.9 mmcf/d. 1H19 operating cashflow was US$3.2 mm excluding working capital movements (GMP FEe: US$3.2 mm) and -US$4.7 mm including working capital movements (GMP FEe: -US$1.3 mm). Receivables at 30th June 2019 were US$13.4 mm (US$8.7 mm YE18). Net debt at 30th June 2019 was US$6.9 mm (GMP FEe: US$7.2 mm). Work-over operations at La-108 have started with the tool lost in the hole having now been recovered.