Bankers Petroleum revenues reached 74 million dollars in H1 – Albania, 12 August 2016

Canadian Bankers Petroleum recorded total revenues in the amount of 41 million dollars (29.98 dollars per barrel) in the second quarter of 2016, compared to 33 million dollars (21.04 dollars per barrel) in the previous quarter and 86 million dollars (47.99 dollars per barrel) in the second quarter of 2015. Company’s revenues in the first half of 2016 reached 74 million dollars.
Field price realization represented 66 % of the Brent oil benchmark price (45.59 dollars/barrel) in the second quarter of 2016, compared to 62 % of the Brent oil benchmark price (33.94 dollars/barrel) in the previous quarter and 78 % of the Brent oil benchmark price (61.88 dollars/barrel) in the second quarter of 2015.

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