owns 55.8% of the Galoc Oil Field. In addition, on 12 July 2018, the subsidiary has executed the share purchase agreement with Tamarind Galoc Pte Ltd, a wholly owned subsidiary of Tamarind Resources
3rd quarter of 2017 Bangchak Corporation Plc. development of an oil field by an amount of THB 1,368.27 million. During this quarter the company and its subsidiaries recorded an inventory gain of THB 415
profit from the Galoc oil field divestment at THB 10 million. The Company holds 49.33% shareholding in OKEA, and started to recognize its performance from December 2018 onwards. In Q1/2019, the Company
55.8% stake of the Galoc petroleum field, leading the company group to record an impairment loss in Galoc oil field asset in the consolidated financial statement at THB 412 million, and record an
group had divested shares in Nido Production (Galoc) Pty. Ltd. which holds to 55.8% stake in the Galoc oil field. The transaction have been completed in Q3/2018, realizing profit from the provision of
following the decline of crude price, Galoc Oil Field crude production site has an average production of 4,079 barrels per day (2,279 barrels per day net to Nido), which decreased according to the Natural
Galoc oil field in the latter half of 2018, after the company group sold its shares in Nido Production (Galoc) Pty. Ltd., which holds the rights to 55.8% of the Galoc field. The transaction was completed
consolidated financial statements, which is a record of asset impairment in the Gulita and Mid-Galoc oil fields, and the assessment of resource reserves in the Galoc field which was lower than last year. In 2017
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
recorded declines in performance due to in 2018, the business realized gains from the share divestment of Nido Production (Galoc) Pty.Ltd which held the rights to the Galoc oil field THB 78 million. With