·Adjusted EBITDA(1)of $10 million more than double compared to 2023 (Q1 2023: $4.4 million). ·Average corporate production up 67% to 2,730 boe/d (Q1 2023: 1,635 boe/d). ·Realized corporate oil operating netbacks(1)of $56.27/bbl. ·Cash position of $11.6 millionat the end of ...
Going concern The financial statements, based on current and forecast trading, the annual cash flow forecasts, and the available sources of finance, have been prepared on the going concern basis, further details of which are provided in the basis of preparation of financial statements note. Kamran...