PERENCO CUU LONG LIMITED

1. PERENCO CUU LONG LIMITED 2013-02-22 → present
2. CONOCOPHILLIPS (U.K.) CUU LONG LIMITED 2003-04-22 → 2013-02-22

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 24 February 2025 directors proposed a dividend of $35,000k.”
• “On 20 June 2025 Perenco and its partners in Block 15-1 signed a new Production Sharing Contract with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for Perenco in the country.”
• “This major milestone enables the Group to book 30 million barrels of oil equivalent as PDP reserves and to approve the Final Investment Decision (FID) for the flagship Phase 2B development of the Su Tu Trang gas and condensate field.”
• “In 2024 Perenco started negotiations with the Socialist Republic of Vietnam to renew its Production Sharing Contract (PSC) for Block 15-1. By year-end, negotiations were approximately 80% complete, and management was confident that the licence would be extended. The main negotiation phase took place between February and March 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -18.1%

  £198,638,992 → £162,739,066

• Cash

  +58.2%

  £2,085,248 → £3,297,999

• Net assets

  +6.8%

  £69,121,572 → £73,795,404

• Employees

  0%

  23 → 23

• Operating profit

  -0.9%

  £150,414,381 → £149,124,537

• Profit before tax

  -4.7%

  £154,898,443 → £147,687,176

• Wages

  -2.9%

  £5,159,377 → £5,011,861

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers