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Indus Gas Limited Ord 1P (INDI)

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31-Dec-2019 07:44 AM

Indus reports increased first half profit

Indian oil and gas play Indus Gas has reported increased profit in the six months to 30 September 2019. Adjusted revenue, operating profit and profit before tax came in at $27.69m (2018: $27.78m), $26.30m (2018: $23.42m) and $26.11m (2018: $23.57m) respe
27-Sep-2019 01:32 PM

Indus Gas profit up 13% on lower costs; FX tailwind

India-focused explorer Indus Gas posted a 13% rise in first-half profit, owing to falling costs and foreign exchange gains. Pre-tax profit for the year through March amounted to $53.9m, up from $47.8m on-year. Revenue was flat at $60.6m but sales and ad
14-Dec-2017 09:17 AM

Indus Gas pre-tax profits rise

Indus Gas Limited posts pre-tax profits of $23,638,669 for the six months to the end of September - up from $22,609,167 last time. Revenues increased to $29,391,480 from $27,393,016 while the cost of sales fell to $2,688,457 from $4,013,643. Chairman P
27-Oct-2017 02:19 PM

All resolutions passed at AGM of Indus Gas

Indus Gas has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 2:19pm: (LON:INDI) Indus Gas Ltd share price was 0p at 377.5p Story provided by StockMarketWire.com...
29-Sep-2017 09:19 AM

Indus Gas operating profits up

Pre-tax profits at Indus Gas rose to $43.78m in the year to the end of March - up from $29.71m last time. Total revenues increased to $54.57m (2015-16: $45.60m) and reported operating profit rose to $41.51m (2015-16: $33.15m). Chairman Mr Peter Cockburn
29-Dec-2016 07:20 AM

Indus Gas pre-tax profits up

Indus Gas posts pre-tax profits of $22.6m for the six months to the end of September - up from $14.3m last time. Revenues rose to $27.4m from $22.6m and operating profits of $22.3m were up from $16,8m a year ago. The company has continued to make provis
27-Oct-2015 01:51 PM

Indus Gas resolutions passed at AGM

Indus Gas Limited has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 1:51pm: (LON:INDI) Indus Gas Ltd share price was +0.26p at 118.63p Story provided by StockMarketWire.com...
22-Sep-2015 08:25 AM

Indus Gas after-tax profits up

Indus Gas Limited's reported profit after tax rose by 38% to US$16.24m in the 12 months to the end of March with invoiced revenues up 49% at US$41.39m. Reported operating profit rose by 44% to US$30.02m. Chairman Peter Cockburn said: "This h
21-Apr-2015 08:14 AM

Indus completes placement of S$100m notes

Indus Gas Limited has priced an issue of S$100m in senior unsecured notes due 23 April 2018 at a coupon of 8% fixed. Settlement date for the new notes is expected to be on or about 23 April. Indus says it continues to widen the funding options availabl
12-Jan-2015 02:38 PM

Indus Gas strengthens its board

Indus Gas has appointed Bruce McNaught as a non-executive director with immediate effect. He will serve on the audit, remuneration and nomination committees. McNaught is a chartered accountant and is the managing director of Chamberlain Heritage Servic
08-Dec-2014 08:41 AM

Indus Gas reserves up 52%

Indus Gas Limited has announced a significant increase in reserves and resources following an updated competent person's report by Senergy Oil & Gas. Gross 'proven plus probable' remaining reserves increased to 872 bn cu ft (net of 18 bn
25-Nov-2014 10:38 AM

Indus Gas secures new debt facility

Indus Gas (AIM:INDI.L), an oil & gas exploration and development company with assets in India, has reported that for the six month period ending 30 September 2014 adjusted revenues were $17.48m, down from $19.45m in same period last year. Operating profi
17-Nov-2014 08:47 AM

Indus completes $180m debt facility

Indus Gas has signed and completed a new US$180m facility agreement with a consortium of seven banks/institutions. The debt facility is the third debt financing completed by the company. Previously the Company has completed two rounds of debt financin
24-Sep-2014 09:47 AM

Indus Gas profits grow as production trebles

Indus Gas (AIM:INDI.L), an oil and gas exploration and development company with assets in India, has reported that in the 12 months to 31 March 2014 total production increased around threefold to 8,085 mmscf from 2,444 mmscf in the previous financial year
30-Jun-2014 10:35 AM

Board changes at Indus Gas

Indus Gas (AIM:INDI.L), an oil and gas exploration and development company with assets in India, has confirmed that John Behar is ceasing to be a non-executive director of the company. In addition, another non-executive director, Marc Holtzman, who will
07-May-2014 09:02 AM

Indus drilling on schedule

Indus Gas says its current drilling programme on the RJ-ON/6 block is progressing on schedule and producing positive results. The programme has been designed to achieve two key objectives. Firstly, additional production wells have been drilled in the
14-Jan-2014 08:37 AM

Indus encouraged by India gas pricing

Indus Gas is encouraged by the recent confirmation by the Indian government of the pricing formula for domestic gas. The guidelines will apply to all domestically produced gas in India and will apply from 1 April. The pricing formula, which will be rev
20-Dec-2013 09:18 AM

Indus Gas pre-tax profits jump

Indus Gas posts pre-tax profits of $4.99m for the six months to the end of September - up from $0.6m last time. Revenues rose to $9.6m from $2.9m and gross profits increased to $7.9m from $2.3m. Chairman Peter Cockburn said: "Indus continues to mak
25-Nov-2013 08:02 AM

Indus Gas confirms progress on RJ-ON/6 block

India focused oil and gas group Indus Gas Limited has confirmed progress on the RJ-ON/6 block. The company says it has submitted a declaration of commerciality request for approximately 2,000 square kilometres in the western half of the RJ-ON/6 Block in
30-Sep-2013 10:13 AM

New chairman chosen by Indus Gas

Indus Gas (AIM:INDI.L), an oil and gas exploration and development company with assets in India, has announced the appointment of Peter Cockburn as non-executive chairman. John Scott is returning as chief financial officer although a starting date still
18-Sep-2013 08:37 AM

Indus Gas revenues rise

Indus Gas posts pre-tax profits of $3,072,792 for the year to the end of March compared with $3,132,954 last time. Revenues rose to $8,063,811 from $6,762,763 and gross profits increased to $5,829,360 from $5,710,347. Chairman Marc Holtzman said: "
10-Jul-2013 07:32 AM

Indus pleased with India gas pricing formula

Indus Gas says it is pleased and encouraged by the recent announcement of the Indian Cabinet Committee of Economic Affairs to approve a new reference pricing formula for Indian domestic gas. The pricing formula, which will be revised every quarter star
26-Feb-2013 09:16 AM

Indus gets go-ahead for additional appraisal

Indus Gas has been given the go ahead to carry out additional appraisal activities on Block RJ-ON/6. This follows the block's management committee approval of the integration of appraisal of the discovery on SSF2(B&B) with the discovery on SSG-1(Pa
25-Feb-2013 09:55 AM

Indus Gas finance director resigns

Indus Gas finance director John Scott has resigned, with immediate effect. Indus says it has been considering the best composition for the board for some time, given the significant growth in the group over recent years. Indus says it is in the proces
06-Dec-2012 09:44 AM

Indus reveals 'dramatic rise in reserves and resources'

Indus Gas has revealed a dramatic increase in its reserves and resources following an updated competent person's report. The CPR - which was provided by Senergy Oil & Gas - shows gross 'proven plus probable' reserves increasing to 573 b
 
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