02.09.2013 14:00:00
|
GeoPark Quarterly Operations And Financial Results 2013
SANTIAGO, Chile, Sept. 2, 2013 /PRNewswire/ --
Operational Highlights
- Oil Production Up 49% to 10,798* bopd in 2Q2013 vs 2Q2012
- Total Oil and Gas Production Up 12% to 13,020* boepd in 2Q2013 vs 2Q2012
- New Oil and Gas Discoveries:
- Chercan gas field in Flamenco Block in Tierra del Fuego, Chile
- Tarotaro oil field in Llanos 34 Block, Colombia
- Potrillo oil field in Yamu Block, Colombia
(Logo: http://photos.prnewswire.com/prnh/20130603/MX24008LOGO-b)
Financial Highlights
- Revenues Up 32% to US$160.8* million (as of 30 June)
- Adjusted EBITDA Up: 20% to US$84.0* million (as of 30 June)
- Cash Position of US$149.4 million
* Operational and Financial figures do not include results from new Brazilian production acquisition, completion of which is expected in 2H2013.
Strategic Highlights
- Risk-balanced entry into Brazil with the acquisition of a 10% interest in the Manati Field and the award of seven exploration blocks in Potiguar and Reconcavo Basins
FINANCIAL HIGHLIGHTS
Six‑months period ended June 30, 2013 compared to six‑months period ended June 30, 2012
Six months ended June 30 | |||
(in thousands of US$, except for percentages) | 2013 | 2012 | Change, June 2013 vs. |
(unaudited) | |||
Revenues | |||
Net oil sales......................................................................................... | 149,817 | 104,893 | 43% |
Net gas sales....................................................................................... | 10,989 | 17,098 | (36)% |
Total net revenue................................................................................. | 160,806 | 121,991 | 32% |
Production costs.................................................................................. | (81,147) | (54,668) | 48% |
Gross profit........................................................................................... | 79,659 | 67,323 | 18% |
Exploration costs..................................................................................... | (13,587) | (10,199) | 33% |
Administrative costs................................................................................ | (20,730) | (13,562) | 53% |
Selling expenses...................................................................................... | (7,658) | (7,981) | (4)% |
Other operating expense......................................................................... | 4,205 | (413) | 1,118% |
Operating profit.................................................................................... | 41,889 | 35,168 | 19% |
Financial results, net................................................................................ | (20,562) | (7,344) | 180% |
Bargain purchase gain on acquisition of subsidiaries............................. | - | 8,401 | (100)% |
Profit before income tax.................................................................... | 21,327 | 36,225 | (41)% |
Income tax expense................................................................................ | (7,092) | (10,863) | (35)% |
Profit for the period............................................................................ | 14,235 | 25,362 | (44)% |
Non‑controlling interest........................................................................... | 5,619 | 5,458 | 3% |
Profit for the period attributable to owners of the | 8,616 | 19,904 | (57)% |
Net production volumes | |||
Oil (mbbl)............................................................................................. | 1,926 | 1,129 | 71% |
Gas (mcf)............................................................................................ | 2,803 | 4,889 | (43)% |
Total net production (mboe).............................................................. | 2,393 | 1,944 | 23% |
Average net production (boepd)............................................................. | 13,221 | 11,939 | 11% |
Average realized sales price | |||
Oil (US$ per bbl).................................................................................. | 80.5 | 94.6 | (15)% |
Gas (US$ per mcf).............................................................................. | 4.5 | 4.1 | 10% |
Average realized sales price per boe (US$)........................................... | 70.6 | 66.7 | 6% |
Average unit costs per boe (US$) | |||
Production costs.................................................................................. | 33.9 | 28.1 | 21% |
Exploration costs................................................................................. | 5.7 | 5.2 | 10% |
Administrative costs............................................................................ | 8.7 | 7.0 | 24% |
Selling expenses................................................................................. | 3.2 | 4.1 | (22)% |
Average Adjusted EBITDA per boe (US$)……………...................... | 35.1 | 36.1 | (3)% |
SOURCE GeoPark
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Graphic Packaging Holding Comehr Nachrichten
28.10.24 |
Ausblick: Graphic Packaging stellt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
14.10.24 |
Erste Schätzungen: Graphic Packaging informiert über die jüngsten Quartalsergebnisse (finanzen.net) | |
29.07.24 |
Ausblick: Graphic Packaging zieht Bilanz zum abgelaufenen Quartal (finanzen.net) | |
15.07.24 |
Erste Schätzungen: Graphic Packaging gibt Ergebnis zum abgelaufenen Quartal bekannt (finanzen.net) |