RE: Winnifrith relationship with Tennyson & Anavio13 Jan 2024 13:37
Proven reserves after royalties increase 47% to 17.3mln barrels equivalent (boe), but the real highlight is the value of the assets.
The independent upgrade means it can push ahead with plans for a reserve-based lending facility and underlines that it has 'an extraordinary asset base', Milholland adds.