The private player also reiterated its decision to relinquish a trio of blocks in India after failing to hit commercial volumes in recent drilling.
Petrogas posted a 3% increase in production last year to 31,160 barrels per day net and 59,342 bpd gross.
Much of this was due to the average of 40,667 bpd gross at its core home play, onshore Block 5, where it has a 50% stake and is joint operator.
Petrogas
