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4-Traders Homepage  >  Equities  >  MOSCOW INTERBANK CURRENCY EXCHANGE  >  Gazprom PAO    GAZP   RU0007661625

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Gazprom Neft' PAO : commissions 10th well at Iraqs Badra

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07/27/2016 | 11:10pm CEST

Russia-based oil and gas giant Gazprom Neft has commissioned its 10th production well (P-07) at the Badra oil field, a report said.

With production volumes at the newly launched well now at 6,527 barrels per day, its commissioning has allowed daily production levels at the field to reach 67,000 barrels, added the Iraq Business News report.

Three other wells were also commissioned at the field earlier this year, collectively producing 24,000 barrels per day. Drilling of four further wells P-10, BD-2, P-14 and P-19 is currently ongoing, with construction expected to be completed in early 2017.

(c) 2003-2016 Mehr News Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2016 88 347 M
EBIT 2016 14 110 M
Net income 2016 15 772 M
Debt 2016 31 044 M
Yield 2016 4,78%
P/E ratio 2016 3,91
P/E ratio 2017 3,32
EV / Sales 2016 0,92x
EV / Sales 2017 0,84x
Capitalization 50 137 M
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Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 2,32 $
Spread / Average Target 9,4%
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Managers
NameTitle
Alexei Borisovich Miller Deputy Chairman & Chairman-Management Board
Viktor Alexeevich Zubkov Chairman
Timur Askarovich Kulibayev Independent Director
Vladimir Alexandrovich Mau Director
Andrey Igorevich Akimov Director
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