Brief: Total Gabon H1 Net Income Down At 25 Million Dollars

TotalEnergies EP Gabon

29/08/2019 18:31

Aug 29 (Reuters) - TOTAL GABON SA  EGAB.PA :
    * H1 FINANCIAL UPDATE
    * REVENUES AMOUNTED TO $245 MILLION DURING THE SECOND
QUARTER
2019, UP 49% COMPARED TO THE FIRST QUARTER 2019
    * H1 NET INCOME $25 MILLION VERSUS $46 MILLION YEAR AGO
    * H1 CRUDE OIL PRODUCTION FROM TOTAL GABON INTERESTS  32.7
KB/D
VERSUS 35.2 KB/D YEAR AGO
    * H1 CRUDE OIL PRODUCTION FROM FIELDS OPERATED BY TOTAL
GABON 23.6
KB/D VERSUS 23.7 KB/D YEAR AGO
    * H1 AVERAGE TOTAL GABON CRUDE PRICE PER BARREL $62.3 
VERSUS $
67.0 YEAR AGO
    * CASH FLOW FROM OPERATIONS AMOUNTED TO $63 MILLION DURING
THE
SECOND QUARTER 2019 DOWN 24% COMPARED TO THE FIRST QUARTER 2019
    * H1 CAPITAL EXPENDITURE AMOUNTED TO $69 MILLION, UP 15%
COMPARED
TO THE FIRST HALF 2018

Source text: https://www.total.ga/sites/g/files/wompnd981/f/atoms/files/cp_en_tg_1s2019.pdf
Further company coverage:  EGAB.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com;))