Eland Oil & Gas Plc Reports Record Revenue Of $106.0 Million In H1 FY19

  • Sep 11, 2019 BST
  • Team Kalkine

Eland Oil & Gas Plc (AIM: ELA), in its interim results for the six months to 30 June 2019, has posted record revenues of $106.0 million with an average realised price of $66/bbl, as compared to $67.4 million with an average realised price of $69/bbl in H1 2018. Company’s operating profit sustained at $40.0 million as compared to $39.1 million in H1 2018.

On 11th September 2019, at the time of writing, GMT 08:04 AM, ELA shares were trading at GBX 129.80, up by 4.80 points or 3.84% against the previous day closing price.

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