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Insignia Energy Ltd ISNAF

Energy Oil & Gas E&P


GREY:ISNAF - Post by User

Insignia Energy Ltd > Q1 Results
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Comment by Art365on May 12, 2011 8:34am
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Post# 18564508

RE: Q1 Results

RE: Q1 ResultsTotal production increased 9% from Q4 2010 but FFO are the same. The answer lies in the following chart:




Natural gas production increased a lot while Oil and NGL actually decreased, compared to Q4 2010. But the production trend, and the shift towards liquids, is very impressive compared to Q1 2010. The other question mark is the fact that Operating netback decreased compared to Q4 2010, while both Natural gas and liquid prices were higher.

Is there some explanation to that?

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