Quarterly Activities Report March 2020

Austrian Onshore – Zistersdorf and Gaiselberg Production Assets: – Production during the quarter averaging 290 BOEPD. Forecast production during quarter beginning April 2020 approx 320 BOEPD. – Swap contract guaranteeing an average Brent price of US$ 50.64 for 40% of forecast proven (1P) oil production over a 10-month period commencing 1 March 2020. Hedging counterparty […]