H1/20 gross production of 37,159 bopd
Opex of USD 2.6/bbl and 50% capex reduction reduced cash burn
70% of H2 production hedged
Net cash and increasing Brent price supportive for the bond pricing
03 Sep 2020
Decent H1 report in a challenging period
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Decent H1 report in a challenging period
Gulf Keystone Petroleum Limited (GKP:LON) | 110 1 0.8% | Mkt Cap: 245.7m
- Published:
03 Sep 2020 -
Author:
Erik Christian Borthen -
Pages:
6
H1/20 gross production of 37,159 bopd
Opex of USD 2.6/bbl and 50% capex reduction reduced cash burn
70% of H2 production hedged
Net cash and increasing Brent price supportive for the bond pricing