Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.
Net profit after tax for the quarter was US$1.49 million. Revenue for the quarter was US$8.24 million, 15% higher than the previous quarter, as a result of increased sales of shareable oil of 4% and higher weighted average SLC transaction oil price of US$125.11 per barrel (Q4 2011: US$112.95 per barrel). Shareable production for the quarter increased by 15% (11,935 barrels) to 93,426 barrels from 81,491 barrels in the previous quarter, mainly contributed by TMT TAC and LS TAC operations. Earnings before divestment gain, interest income, exchange difference, finance cost, tax, depreciation, amortisation, allowance and impairment for the quarter was US$3.98 million. Net cash outflow for the quarter was US$0.30 million. Cash and cash equivalents excluding restricted cash were US$11.24 million as at 31 March 2012...Attachments:
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