Core Insights - MI Energy (01555) reported a mid-year performance for 2025, showing a total revenue of approximately 366 million, a year-on-year decrease of 20.7% [1] - The company experienced a net loss of about 148 million, which represents a year-on-year increase of 34.5% [1] - Basic loss per share was reported at 0.04 [1] Production and Pricing - The total crude oil production for the period decreased by 10.4% to approximately 1.52 million barrels [1] - The net share of crude oil production attributable to the group fell by 8.5% to about 730,000 barrels [1] - Daily average total crude oil production declined by 9.9% to 8,409 barrels, while daily average net crude oil production decreased by 7.9% to 4,033 barrels [1] - The reduction in net production was primarily due to the decline in total production [1] - Average oil price achieved by the group in the first half of 2025 decreased by 14.4% to 69.63 USD per barrel [1] Cost Analysis - Direct oil extraction costs at the Da'an oilfield increased from 17.21 USD per barrel for the six months ending June 30, 2024, to 17.34 USD per barrel for the six months ending June 30, 2025, marking a 0.8% increase [1] - The company did not implement any drilling activities at the Da'an oilfield during the first half of 2025 [1]
MI能源公布中期业绩 净亏损约1.48亿元 同比增长34.5%