Aneth

Corporate Update - 14th June 2018

Roadmap to 100 mmbbls and beyond

ASX Announcement

HIGHLIGHTS

  • Aneth Oil Field operations running in-line with forecast, under budget and ahead of schedule
  • High-return Aneth development projects commence with McElmo Creek Unit well deepening program
  • Aneth term loan facility increased to US$122 million to fund Aneth production growth projects
  • RBC Capital Markets appointed independent financial advisor to assist with comprehensive refinancing
  • Grieve CO2 EOR field start-up commissioning and production progressing
  • Sale of the Singleton Oil Field completed
 
 

Have you seen our Interview with Boardroom Media relating to this Coporate Update?

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Head Office

Australia Square
Level 40, Suite 4001
264 George Street
Sydney NSW 2000
Australia
Tel: +61 2 9093 5400

Registered Office

Level 5
126 Phillip Street
Sydney NSW 2000
Australia
Tel: +61 2 9299 9690
Fax: +61 2 9251 7455

USA – Denver Office

1700 Lincoln
Suite 2550
Denver, CO
80203 USA
Tel: +1 (303) 861-6255