Urals Energy PCL announced audited financial and production results for the year ended December 31, 2017. For the year, the company's gross revenue before excise and export duties was $54.3 million against $35.3 million a year ago. Operating profit was $2.4 million against $2.0 million a year ago. Normalized EBITDA was $7.7 million against $7.8 million a year ago. Profit for the year was $14.0 million against $8.3 million a year ago.

For the year, the company's total production was 756,717 barrels against 756,708 barrels a year ago.