Navigating Challenges: 3R Petroleum’s Post-Merger Production Dynamics

3R Petroleum (RRRP3) released its first operational update post-Enauta merger, recording daily production of 54.9 thousand barrels in July. This demonstrates a year-on-year increase of 5.9% and an 8.6% rise from June. Challenges such as planned maintenance interruptions shaped this period’s landscape. Despite setbacks, the company’s output grew short-term, with onshore operations maintaining a resilient […]