Starting to look more promising – have we turned the corner.
1,310,485 barrels produced, sales of 1,214,488 barrels at an average realised price (net of hedging) of US$85.6 per barrel, generating revenue of US$104.0 million, with operating expenditure of US$60.0 million.
US$61.3 million cash on hand at 30 June 2015. Net cash from operating activities of US$66.8 million was offset by development and exploration drilling, and growth projects to exploit further reserves.
US$61.3 million cash on hand at 30 June 2015. Net cash from operating activities of US$66.8 million was offset by development and exploration drilling, and growth projects to exploit further reserves.
Cumulative gross oil production since commencement, as at 30 June 2015: Maari field 27.0 million barrels; Beibu Gulf fields 9.0 million barrels.
397,500 bbls hedged through remainder 2015 to mid 2016 at average of over US$94/barrel
The company expects to have available substantial additional cash reserves to meet redemption obligations under the Company’s US$80 million 5.5% convertible bonds maturing in June 2016.
GLTA, M1
- Forums
- ASX - By Stock
- Ann: Financial Results 2015 Presentation
Starting to look more promising – have we turned the corner....
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 485845 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35000 | 0.205 |
3 | 875920 | 0.200 |
36 | 280760 | 0.195 |
27 | 1949969 | 0.190 |
8 | 392616 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 485845 | 3 |
0.205 | 1360945 | 10 |
0.210 | 2296545 | 17 |
0.215 | 317392 | 5 |
0.220 | 275250 | 4 |
Last trade - 09.30am 30/07/2024 (20 minute delay) ? |
Featured News
HZN (ASX) Chart |
Day chart unavailable