Rockhopper registered a 92% increase in oil and gas production in the Greater Mediterranean in H1 2017 and reduced its cash operating costs in the area by 44% compared with the same period last year, the company said in a note on Thursday.
Revenues from the Greater Mediterranean increased by 74% on an annual basis, to $5.1 million, and Rockhopper plans to further boost production and cash flow.
“In our Greater Mediterranean portfolio, we have benefitted from a material increase in production and revenue following the acquisition...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up