RE: Olivia21 Aug 2019 20:14
For the oil explorer's first half results, UBS's Amy Wong expects markets' focus to be on the outlook for production at the Catcher field, including a potential resource upgrade, progress on it Wahoo and Zama wells in Mexico and on its Sea Lion loan application.
On 17 July, the company had guided towards full-year production of 75-80,000 barrels of oil equivalent per day, a reduction in net debt of more than $300.0m, operating expenses (excluding lease costs) of $12.0 per barrel of oil equivalent and capital expenditures of $340.0m.