FIRST QUARTER 2015 RESULTS Solid financial and operational results in challenging oil price environment 1 Stable production volumes 4.1 mboe / 45,479 boepd (FY 2014: 44,400 boepd) 2 Meaningful reductions in costs per barrel Opex /…
Capital discipline remains a core element of Nostrums strategy Balance sheet strength US318.3m cash and cash equivalents on balance sheet at year end US400.0m 6.375% Notes maturing in 2019 with no maintenance covenants US560.0m…
Stable production combined with significant near term production growth Production summary & guidance (boepd) 100,000 70,000 Completion of GTU III construction during 2016 46,178 44,400 45,000 45,000 36,940 13,158…
Operational performance underpinned by substantial core asset base Chinarevskoye Field 2P reserve progression since 2004 (mboe)1,2 Proved Probable Trident fields 582 571 535 529 530 539 522 506 98 98 397 395 353 311 284…