Petronor E&P

PetroNor increased cash and cash equivalents in the first half to USD 85.2m (from USD 60m) and recorded H1 revenue of around USD 163m with an EBITDA of just under USD 90m. Average production in the second quarter was over 5,000 barrels per day, supported by higher uptime and a large loading in April that generated USD 112m after tax in May. Management expects a weaker Q3 due to repairs and workovers, is considering a farm-down or sale of the Aje asset, and plans higher capex of about USD 20m for 2025 if the drilling program is carried out. » Altro su de.investing.com

Petronor E&P reported Q3 2025 revenues of USD 38.6m, operating costs of USD 17.8m and returned around USD 56m to shareholders. The stock rose 1.72% following the announcement. The company is debt-free, holds nearly USD 46m in cash and increased production by about 5,000 bpd through an infill drilling program. For 2026 Petronor expects production of over 30,000 barrels per day with planned capital expenditures under USD 10m and is evaluating additional development projects. » Altro su de.investing.com

Petronor E&P Ltd reported Q2 2025 production of 4,300 barrels per day, revenue of $27.6 million and reduced operating costs of $800,000. The company announced an active drilling program to boost production, planned commissioning of new wells in September and a capital return to shareholders of $55.8 million. Petronor is also exploring partnerships in Gambia and continues pre-development studies for the Aje field in Nigeria. » Altro su de.investing.com