TD - No dramas16 May 2018 10:39
Tony Durrant, Chief Executive, commented:
"The improved commodity price environment puts us in a strong position to generate significant free cash flow in the second half of the year: the underlying production portfolio is robust, Catcher has reached 60 kbopd, our low cost base has been maintained, capital spend is reducing and we have announced further non-core disposals. We are on track to deliver our plan of material debt reduction in 2018 and 2019 with selective investment in our future growth projects from 2020, once balance sheet strength has been restored."