Petrel Resources (PET) 2023年年度报告「LSE」.pdf

1、PETREL RESOURCES PLCConsolidated Financial StatementsFor the year ended 31 December 2023Petrel Resources plc Consolidated Financial Statements for the year ended 31 December 2023Cover image:Aerial view MS1Contents Petrel Resources Plc Annual Report and Financial Statements 2023 1Petrel Resources Plc

2、 PageChairmans Statement 2Review of Operations 4Directors Report 8Corporate Governance Report 12Audit Committee Report 16Directors Responsibilities Statement 18Independent Auditors Report 19Consolidated Statement of Comprehensive Income 24Consolidated Statement of Financial Position 25Company Statem

3、ent of Financial Position 26Consolidated and Company Statement of Changes in Equity 27Consolidated Statement of Cash Flows 28Company Statement of Cash Flows 29Notes to the Consolidated Financial Statements 30Notice of Annual General Meeting 47Chairmans Statement2 Petrel Resources Plc Annual Report a

4、nd Financial Statements 2023Petrel Resources PlcPetrel is a hydrocarbon explorer with interests in Iraq and Ghana.HighlightsMarket overview 2024 shows record demand for oil and LNG,with high oil prices reflecting emerging supply constraints due to underinvestment since 2014.In normal markets this wo

5、uld drive exploration of new,as well as existing acreage.Recent years should have seen the opening of new petroleum basins,as well as additional acreage in existing basins,and many discoveries which are now economic to develop.Available fiscal terms,however,still reflect the boom conditions between

6、2003 and 2014 rather than current market conditions.States have been slow to engineer contractual terms so as to align the interest,and thus maximise value for all parties.In much of the MENA region,fiscal terms restrict financing ability,especially for juniors.Geopolitical tensions,from Guyana to t