P&L Overview Net loss increased USD2.6 million in 9H2014 due to: Advisory service fee of USD4.14 million recorded in 9M2013 but not repeated in 9M2014 Administrative and other operating expenses increase by USD2.42 million in 9M2014 due…
Revenue Revenue (USD'm) 3Q 2014 3Q 2013 % 9M2014 9M2013 % Oilfield services 0.24 1.74 -86 0.72 4.86 -85 E&P revenue 0.17 n.m. 0.53 n.m. Total revenue 0.41 1.74 -76 1.25 4.86 -74 Oilfield service revenue referred to a USD240k/quarter…
Incremental Oil (Gross uplift less NSO) Barrels of Oil 4
Incremental Oil and Cumulative Shortfall Barrels of Barrels of Oil Oil (incremental) (cumulative shortfall) 2011 2012 2013 2014 5
Balance Sheet 30-Sep 31-Dec 2014 2013 Diff Diff Current assets USD'000 USD'000 USD'000 % Cash and cash equivalents 15,054 6,902 8,152 118% Trade and other receivables 19,377 18,512 865 5% Others 5,354 4,269 1,085 25% 39,785 29,683…
Cash flow statement 3Q2014 9M2014 (USD (USD million) million) Cash used in operating activities -1.57 -5.35 Cash used in investing activities -0.18 -0.34 Cash generated from financing activities 9.24 13.84 Net Increase / (decrease)…
Use of proceeds As at 30 Use of proceeds Sept 14 Net proceeds from drawdown of placement and loans 37.46 Less use of proceeds: Repayment of senior bonds due April 2014 17.44 Investment in 10% stake in GKM 3 Loan to GKM 1.04…
Status of plans in 2Q2014 results Plans in 2Q2014 results Status Deep Well PEP approved KM13A and KM13A drilled in Sept14 and KM13B completed in Oct 14. Production To drill KM-13A in 3Q14 will commence after perforation Radial…
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