30th Mar 2022 18:34
Coro Energy PLC - low carbon energy in South East Asia - Resumes gas production at Sillaro in Italy, which is currently producing at a stabilised rate of around 17,000 standard cubic metres per day, and expects 2022 average production rate of 13,500 scm per day.
Now expects to generates EUR5 million per annum of free cash flow from its Italian portfolio now that Sillaro has returned to production, due to a strong European gas market backdrop and current prices.
Current stock price: 0.47 pence, up 6.8%
12-month change: up 38%
By Dayo Laniyan; [email protected]
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