QuickView: A masterclass in unlocking heavy oil potential
Since 2004 Bankers Petroleum has grown production at its Albanian heavy oilfield, Patos-Marinza, from 400b/d to more than 20,000b/d in 2014. The group’s successful three-point strategy comprising production growth from horizontal drilling, ongoing opex reduction, and unlocking additional reserves through polymer and water injection schemes continues to drive profitability. With Bankers' shares now reflecting the sell-off in crude, we highlight the leverage to a recovery in oil prices and strong balance sheet as evidence of the group’s sustainability.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.