Full Year Results
Results for the year ended 31 December 2017 and 2018 outlook 20 March 2018 Unless otherwise stated, all figures are on a Business performance basis and are in US Dollars. 2017 performance · Kraken first oil delivered in Q2; full cycle gross project capital expenditure further reduced · Acquisition of interests in Magnus and the Sullom Voe Oil Terminal completed in December · Group production averaged 37,405 Boepd in 2017, down 5.9% on 2016 · Revenue of $635.2 million (2016: $849.6 million) and EBITDA of $303.6 million (2016: $477.1 million); lower realised