REG - S.N.G.N. Romgaz S.A. - Q1 2019 Report on key operational results

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

17/04/2019 07:00

RNS Number : 4552W
S.N.G.N. Romgaz S.A.
17 April 2019
 


Q1 2019 Report on key operational results
 
Report date: April 17, 2019
Company name: S.N.G.N. ROMGAZ S.A.
Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130
Phone/fax no: 004-0374-401020 / 004-0269-846901
Fiscal Code: RO14056826
LEI Code: 2549009R7KJ38D9RW354
Trade Register registration number: J32/392/2001
Subscribed and paid in share capital: 385,422,400 RON
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)
 
This report offers preliminary information on important oprerational indicators of Romgaz Group for the quarter ended March 31, 2019. The 2019 Q1 consolidated financial results will be published on May 15, 2019. The information on this report may undergo changes and may differ from those in the quarterly report.
 
Operational results
 



Q1 2018


Q4 2018


Q1 2019


Δ
Q1/Q4 (%)


Main indicators


Q1 2018


Q1 2019


Δ Q1 (%)




8.807


9.112


9.263


1.7


Total hydrocarbon production (mil. boe), of which:


8.807


9.263


5.2




8.795


9.097


9.228


1.4


Gross gas production (mil. boe)


8.795


9.228


4.9




1,364.1


1,411.0


1,430


1.3


Gross gas production (mil.cm)


1,364.1


1,430.0


4.8




0.012


0.018


0.035


90.5


Condensate production (mil boe)


0.012


0.035


201.8




1,635


2,589


4,934


90.5


Condensate production (tons)


1,635


4,934


201.8




16.09


14.85


16.23


9.3


Own gas delivered to the market (TWh)


16.09


16.23


0.9




287.3


414.5


170.9


-58.8


Electricity production (GWh)


287.3


170.9


-40.5




1,098.2


819.0


884.8


8.0


Invoiced UGS withdrawal services (mil.cm)


1,098.2


884.8


-19.4




298.5


119.6


37.8


-68.4


Invoiced UGS injection services (mil.cm)


298.5


37.8


-87.3



 
 
Chief Executive Officer,
Constantin Adrian VOLINTIRU
 
 
 
 
 
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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This report includes forward-looking statements, which include, without limitation, any statements preceded by, followed by or that include the words "may", "will", "would", "should", "expect", "intend", "estimate", "forecast", "anticipate", "project", "believe", "seek", "plan", "predict", "continue", "commit", "undertaking" and similar expressions or their negatives. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the Group's control that could cause its actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding the Group's present and future business strategies and the environment in which the Group will operate in the future and should not be taken as promises.
Reviewing forward-looking statements should carefully consider the foregoing remarks and other uncertainties and events, especially in light of the political, economic, social and legal environment in which the Group operates. Forward-looking statements contained in this Prospectus speak only as at the date of this Prospectus. The Group expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any of such statements are based unless required to do so by any applicable regulatory regime.




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