looked good then looks better now12 Jan 2018 15:59
Highlights from the nine months to 30 September 2017:
Financial
� Revenue of US$303.7 million (9M 2016: US$245.1 million)
� Net operating cash flows1 of US$135.2 million (9M 2016: US$132.5 million)
� EBITDA2 of US$171.5 million (9M 2016: US$142.6 million)
� EBITDA margin of 56.5% (9M 2016: 58.2%)
� Transport/boe cost reduced to US$4.8/bbl (9M 2016: US$5.2/bbl)
� Closing cash3 for the period of US$144.4 million (H1 2017: US$97.5 million)
� Total debt of US$1,056.9 million and net debt of US$912.6 million as at 30 September 2017
Operational
� Average daily production for the nine-month period ending 30 September 2017 was 44,879 boepd
� Average daily sales volumes for the nine-month period ending 30 September 2017 was 39,600 boepd
� 44 wells currently producing at the Chinarevskoye field - 23 oil wells and 21 gas condensate wells
� Construction of the third Gas Treatment Unit ("GTU3") is expected to be completed in April 2018