Annual Report

Overview

The report describes a year of significant Atrush operational growth, with oil production up 46% year on year and production capacity exceeding 50,000 bopd. It also reports a 40% increase in company-gross 2P reserves to 29.9 million barrels and an increase in ShaMaran's Atrush interest to 27.6%. Consolidated revenues were 70,291 in thousands of United States dollars, while the company recorded a net loss for the year.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2019
Period: 1 January 2019 – 31 December 2019
Publication date: 3 March 2020
Language: English
Pages
File size

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