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'It's the year we've been waiting for' - Columbus Energy's Leo Koot on 2019

Leo Koot, chairman of Columbus Energy Resources PLC (LON:CERP), tells Proactive London's Andrew Scott the company achieved its targeted end of year peak production rate of 1,000 barrels of oil per day.

Koot says output hit 1,021 bopd in late December while the average rate for the fourth quarter amounted to 670 bopd.

He adds they're continuing to pursue mergers and acquisition opportunities, in Trinidad and South America, which are value accretive with several formal proposals under consideration.

Quick facts: Columbus Energy Resources PLC

Price: 4.1 GBX

AIM:CERP
Market: AIM
Market Cap: £34.15 m
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