Second quarter and half year report - 30 June 2020
Second quarter 2020 (first quarter 2020) · Production from Blocks 3&4, Oman, at 10,597 barrels per day (13,032 barrels per day) · Revenue and other income of MUSD 21.1 (MUSD 37.3) · EBITDA of MUSD 8.7 (MUSD 21.9) · Net result of MUSD -3.9 (MUSD 12.1) · Earnings per share amounted to USD -0.12 (USD 0.35) · Free cash flow MUSD 0.6 (MUSD 9.2) · Net cash MUSD 59.8 (MUSD 78.0) · Distribution of MUSD 17.6 (Q2 2019: MUSD 24.9) paid out to shareholders in the quarter. · Oil production in Oman is, since May 2020, subject to production limitations under the OPEC+ agreement