16 Nov 2022
Takeaways and challenges from the third quarter
In addition to the operational updates provided in last few weeks, yesterday COPL also provided its 3Q22 financial results. While the production challenges were already highlighted in the previous updates, we now also have a better picture of their financial impact, and importantly, what that means for going forward. On the challenging side, the company experienced its lowest monthly production level in July and higher cash costs in the quarter. On the flip side, since July, the production has r ....
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Takeaways and challenges from the third quarter
Canadian Overseas Petroleum Limited (COPL:LON) | 0 0 0.0% | Mkt Cap: 0.60m
- Published:
16 Nov 2022 -
Author:
Dragan Trajkov -
Pages:
4
In addition to the operational updates provided in last few weeks, yesterday COPL also provided its 3Q22 financial results. While the production challenges were already highlighted in the previous updates, we now also have a better picture of their financial impact, and importantly, what that means for going forward. On the challenging side, the company experienced its lowest monthly production level in July and higher cash costs in the quarter. On the flip side, since July, the production has r ....