b'CONTENTS5 General Information 6 Letter of the Managing Director 10 Financial and Operational Performance 2019 28 Independent Auditors Report to Shareholders of Staatsolie Maatschappij Suriname N.V.32ConsolidatedStatementofProfitorLoss33 Consolidated Statement of Comprehensive Income 34 Consolidated Statement of Financial Position 35 Consolidated Statement of Changes in Equity 36 Consolidated Statement of Cash Flows 39 Index to notes to the Consolidated Financial Statements LIST OF USED ABBREVIATIONSbbl: barrel (ca. 159 liter) IFRS: International Financial Reporting StandardsKbbls: thousands of barrels CAPEX: Capital expenditures MMbbls: millions of barrels bopd: barrels of oil per dayoz.: (troy) ounce EOR: Enhanced Oil RecoveryHSE: Health, Safety and Environment IOR: Improved Oil RecoveryHSEC: Health, Safety, Environment and Community ULSD: Ultra Low Sulphur DieselNSD: Nearshore Drilling MWh: megawatt-hourEBITDA: Earnings before interest, taxes, IMO: International Maritime Organizationdepreciation, and amortization PSC: Production Sharing ContractIOC: international oil company 2D: two-dimensional IPO: Initial Public Offering 3D: three-dimensional'