Mature Field Production Enhancement Contract ... - Petroleumclub.ro
Mature Field Production Enhancement Contract ... - Petroleumclub.ro
Mature Field Production Enhancement Contract ... - Petroleumclub.ro
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<st<strong>ro</strong>ng>Mature</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Field</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>P<strong>ro</strong>duction</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Enhancement</st<strong>ro</strong>ng> <st<strong>ro</strong>ng>Contract</st<strong>ro</strong>ng> Concept2010 Financial Highlights - Pet<strong>ro</strong>fac• Net p<strong>ro</strong>fit up 58% to US$557.8 million (2009: US$353.6 million); net p<strong>ro</strong>fit up26% on a like-for-like basis• Earnings per share (diluted) up 57% to 162.46 cents (2009: 103.19 cents)• Revenue up 19% to US$4.4 billion (2009: US$3.7 billion)• Year-end backlog up 45% at US$11.7 billion (2009: US$8.1 billion)• G<strong>ro</strong>ss cash balances at 31 December 2010 of US$1.1 billion (2009: US$1.4billion), augmented by receipt of US$0.7 billion of cash advances in January2011Quoted on the UK FTSE 100 INDEXRomanian Upstream Conference 201124 March 2011
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