1H 2017 Continued Steady Progress Operational Highlights Financial Highlights 132.0m Cash, cash equivalents and Vietnam liquid investments 1H Production 8,606 BOEPD 42.7m cash inflow on Mongolian receivable Full Field…
1H 2017 Financial Summary Income Statement US millions, unless otherwise stated 1H 2017 1H 2016 Commentary 1H 2017 production of 8,606 BOEPD (1H 2016: 10,862 BOEPD) Sales revenue 74.0 72.7 1H 2017 realised oil price of 53.90/bbl…
1H 2017 Financial Summary Cash Flow US millions, unless otherwise stated 1H 2017 1H 2016 Commentary Operating cash flow before working 42.0 42.7 capital, interest and tax Cash taxes (22.7) (19.3) Net cash from operating…
Vietnam Cuu Long Basin Blocks Asset Map: Vietnam Overview Originally signed Petroleum Contract with PetroVietnam in 1999/2000 TGT & CNV developments comprised construction of FPSO and four wellhead platforms over two…
TGT Well Drilling Programme 20172018 H1.0 A/P TGT-30P TGT-15X TGT-H4-27P 2017 Drilled wells TGT-H4-28P 2018 well options TGT-H5-Infill T TGT-H5-29P TGT-14X H5S Re-entry 6
Local Water Handling On H1WHP Date : August 2017 7
Vietnam Blocks 125 & 126 Approval and authorisation to sign from Vietnamese authorities end August 2017 Preparation for formal signing OctNov 2017 Potential Work Programme Plains 124CMT1X (2009) Seismic acquisition, processing and…
Africa Marine XI Block Proposed PEXs 9
2017 Outlook Operational Financial Vietnam Expected 2017 capex and abandonment fund c.50m Reverse production decline at TGT field 35.0m for Vietnam and 15.0m for Africa Production guidance 89,000 BOEPD Continued upgrade,…
Corporate Strategy Balance sheet strength and operating capability provides platform for growth 11
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