Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
Insurance Underwriters Roadshow 2012 January - Petrotrin
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
2011 Business Review<br />
� 2011 Audit being completed – Unaudited Profit approximately<br />
US$353 million<br />
� 2010 Audit completed – US$25 million Loss recorded due to<br />
impairment of US$178 million on WGTLTL asset<br />
� GOP Project - 99.4% completed; ULSD Project – 88% completed<br />
� Acquisition of 3D seismic on land and increased drilling activity in our<br />
E&P operations<br />
� Integrated EHS management system based on ISO standards using<br />
Arpel’s SIGAS & SI as a reference benchmark tool<br />
� All Contractors to be STOW Certified<br />
15