Calima Energy Limited Quarterly Update: Successful Drilling and Production Boost-Up! #CalimaEnergyLimited has recently released its production figures, reporting a total production of 338,786 barrels of #oilequivalent (boe), with 60% of this production attributed to #oil and #liquidproducts. While this production volume represents a slight decrease compared to earlier forecasts, the company remains in a position of strong financial stability. As of September 30th, 2023, Calima Energy Limited boasted a robust financial position, with a net working capital of AUD 5.9 million and a significant cash reserve amounting to AUD 17.3 million. An interesting point of note is that the company did not utilize its #CAD 20 million debt facility, demonstrating prudent #financialmanagement. Furthermore, you can visit here at https://colitco.com/calima-energy-limited-quarterly-update-successful-drilling-and-production-boost-up/