tiprankstipranks
Trending News
More News >

Interra Resources Sees Production Dip Amid Optimized Recovery

Interra Resources Sees Production Dip Amid Optimized Recovery

Interra Resources Ltd. (SG:5GI) has released an update.

Confident Investing Starts Here:

Interra Resources Limited reported a 3% decrease in oil production for Q3 2024 from its Myanmar fields, with a total output of 76,106 barrels. Despite the reduction, the company’s waterflood project is showing promising results with an average gain of 308 barrels per day across ten areas. Continuous efforts in field operations aim to minimize production declines through infrastructure improvements and maintenance.

For further insights into SG:5GI stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1