Calima Energy Limited Quarterly Update: Successful Drilling and Production Boost-Up (Business Opportunities - Advertising Service)

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Item ID 2313096 in Category: Business Opportunities - Advertising Service

Calima Energy Limited Quarterly Update: Successful Drilling and Production Boost-Up


Calima Energy reported AUD 23.7 million as revenue for the quarter ended on September 2023, which is AUD 1.6 million higher than the forecast, mainly due to higher WTI prices. During the period, the Company experienced some reduction in operating costs, primarily due to the Company’s fixed price power contracts. During the September 2023 quarter, operating costs slipped by AUD 0.9 million. Eventually, the abovementioned factor impacted earnings positively, which stood at AUD 9.8 million, AUD 2.3 million greater than the forecast.

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Last Update : 18 November 2023 12:04 AM
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Item  Owner  : zack
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2024-04-29 (0.222 sec)