in unabated coal in the portfolio adopt phase out plans by 2030 or sooner; an end to investment in new fossil fuel infrastructure assets, or exploration of new oil and gas fields/expansion of oil and
-Galoc oil field, which was deemed unsuitable for further commercial development, led to a realization of impairment loss of the exploration and evaluation expenditure in the amount of USD 39.99 million or
no losses from asset impairment, whereas Q1/2017 and Q4/2017 recorded losses from asset impairment in petroleum oil field of exploration and production business. 8. Share of profit from associate
/2016, Exploration and Production business has sales revenue of THB 387 Million, an increase of THB 88 Million due to the increase in crude oil price. Average selling price was 54.89 USD/BBL, while in Q2
consideration of USD 19.4 million (or approximately THB 619 million). The disposal was only for the Galoc oil Field, and does not include other petroleum oil fields that are under exploration and development in
% Exploration and evaluation expense (16) (9) (13) -14% 51% (25) (22) -11% Gain (loss) from crude and product oil price hedging contract 233 (73) (136) N/A N/A 234 (209) N/A Gain (loss) from foreign currency
27% Note: 1/ production volume of Galoc oil field only Q3/2018 performance compared to Q3/2017, the exploration and production business earned THB 16 million in revenue, a decrease of THB 320 million
attributable to the owners of the parent THB 214 million, an earnings per share of THB 0.16, with performance from each business unit as follow: The performance of Refinery and Oil Trading Business Group was
parent THB 620 million (68% QoQ, 140% YoY). Earnings per share was THB 0.38. As for 2019 performance of the company and its subsidiaries, it is still affected by the fluctuations in oil price of the global