Perenco's capital expenditures amounted to $500 million per year.
Such significant investment is due to the large number of high-growth projects in our portfolio, of which $80 million allocated to exploration.
All investments are to be funded by cash reserves.
Such significant investment is due to the large number of high-growth projects in our portfolio, of which $80 million allocated to exploration.
All investments are to be funded by cash reserves.
These investments are a reflection of our strategy to direct our cash flow toward growing our asset base and strengthening our long-term competitive position.
Perenco is confident these measures will position the company for greater cash flow and earnings in the future.
Perenco is confident these measures will position the company for greater cash flow and earnings in the future.