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Investors

In a challenging, shifting environment, only those paying attention will succeed. Disciplined performance, rigorous planning and a highly experienced team mean we’re able to operate to top quartile benchmarks in every aspect of our business. Our plan is to grow – steadily and strongly.

Why invest in us

  • We see a growth market ahead in Ukraine as domestic demand expands.
  • We have a significant reserves base.
  • We aim for a production to reserves ratio of 7% (currently at 3%).
  • We apply our skills and technology to enable us to produce at low cost.
  • We place great emphasis on safety and environmental awareness, and we design our processes to achieve accident-free operations.
  • We have no debt and sufficient funding resources and contingency plans to deliver our near-term plans.
  • We apply rigorous selection criteria when investigating new business opportunities.

Welcome to an oil and gas company that’s paying attention.

 


Our growth strategy

We are optimistic about our prospects for growth over the next three to five years, and have a carefully constructed strategy to deliver this growth.

Production Mboepd
4.5
2020
4.7
2021
3
2022
Production Mix % 2019: NG / liquids
81/19
Cash generated from Operations $m
23.8
2020
77.6
2021
47.5
2022
Revenue $m
47.3
2020
121.4
2021
133.4
2022
Operating Cash Flow $m
19.3
2020
69.4
2021
27
2022
Oil & Gas Fields
4

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