Crude Oil (WTI)

Commodity

XD0015948363

Delayed OTC Data Services 02:05:00 2024-05-01 am EDT			5-day change	1st Jan Change
80.98 ^USD	-0.18%		-2.85%	+13.61%

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Pennpetro aiming to return COG 1 to production by year-end

October 20, 2023 at 05:02 am EDT

Pennpetro Energy PLC - Texas-focused oil and gas company - In the 15 months ended March 31, records a pretax loss of USD318,902. This compares to a loss of USD1.3 million in the 12 months ended December 31, 2021. Records no revenue in the 15-month period, unchanged from in 2021. Company explains it has changed its year-end so that all of its subsidiary companies report on the same date. Notes that there was no oil production from its Gonzales County site in Texas during the 15-month period but adds it aims to put its COG 1 well back into production by the end of the calendar year.

Current stock price: 1.86 pence

12-month change: down sharply from 1,150.00p

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BRENT CRUDE OIL SPOT	85.61 USD	-0.33%	-3.12%	-
WTI	80.98 USD	-0.18%	-2.85%	-
PENNPETRO ENERGY PLC	0.775 GBX	-.--%	-6.06%	820K

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