The Parkmead Group plc said it expected record gas revenues to exceed €14.5 million from its Dutch onshore gas assets as it also announced plans to accelerate new drilling. UNHEDGED The company added that for the year ended 30 June 2022, revenues were ahead of expectations. The figure was boosted by additional volumes from the […]
Tag: Parkmead Group
Parkmead remains “robust” despite gas revenue losses
The Parkmead Group plc reported a loss in revenue and profits but an increase in assets in its preliminary results for the year ended 30 June 2020. FINANCES Revenue halved for the period to £4.1m (2019: £8.3m) and gross profit fell to £1.3m (2019: £5.7m). Pre-tax profits before tax and non-cash impairment charges were £0.8m. […]