What’s New
Group average net production for 2016 was 2,542 bopd (2015: 2,896 bopd) which represents an overall 12% decline in production levels over the year, but normalised to a net overall (2016: 2,518 bopd vs 2015: 2,832 bopd) 11% decline as the GU-1 asset (2016: 5-month average:57 bopd) was divested in May 2016.