Annual Report And Notice Of Agm

Overview

The report presents a 16% increase in oil sales to 1.65 million barrels and revenue of US$100m, alongside reduced net debt of US$88.6m. It highlights the acquisition that raised Horizon Oil's Maari/Manaia interest to 26% and added 3.1 mmbbl to 2P reserves. The sustainability section focuses on safety, healthcare, and community investment in Papua New Guinea, reporting no recordable injuries in operated assets and continued support for local communities.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2018
Period: 1 July 2017 – 30 June 2018
Publication date: 26 October 2018
Language: English
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