The energy company reported robust production and cash flow in the first quarter, with gross output up 10% from the previous period. The results demonstrate the firm's operational strength and ability to generate significant cash flow.
The energy company must pay $26.9 million in arbitration costs, negatively impacting its short-term financial performance.
The energy company has granted share awards to its top executives as part of its incentive plans.
The energy company has exercised a bond call option, allowing it to redeem $66 million in outstanding debt. The move could improve the firm's profitability, but the full financial impact remains unclear.
The energy company has posted its annual report and notice of upcoming annual general meeting.
The energy company has completed a $100 million bond placement, which will be used for refinancing and general corporate purposes.
The oil and gas producer reported widening losses and declining revenue, primarily due to challenging market conditions and geopolitical issues affecting its operations in Kurdistan.
The energy company has entered into an exploration and production agreement in Oman, partnering with a local major player to develop a largely underexplored block.
The oil and gas producer reported improved cash flow and production for 2024, but continues to face challenges with domestic market pricing and overdue receivables. The company aims to diversify its portfolio and recover amounts owed by the KRG.