0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%
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Energean PLC (LSE: ENOG) Delivers Strong Financial Performance with 200% Production Growth in FY23
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Highlights
FTSE 250 listed Energean PLC (LSE: ENOG) is a hydrocarbon exploration and production entity. Currently, ENOG has its operations across eight countries in the Mediterranean and the United Kingdom North Sea. With its focus centered on production and development of energy with a low carbon footprint, the company invests and builds new ideas, concepts, and solutions.
For the full fiscal year 2023, Energean posted a total production of 123 kboed (kilo barrel of Oil Equivalent per day), marking a 200% jump as compared to 42 kboed in the previous corresponding period. Notably, there was a 44% drop in the cash cost of production to USD 10.6/boe in FY23, from USD 18.9/boe in FY22.
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