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’s (LSE: ENOG) Production Surge Fuels 85% Revenue Jump, Strong Cash Flow in 9MFY23
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Highlights
FTSE 250 listed hydrocarbon exploration and production entity, Energean PLC (LSE: ENOG) has its operations based across eight countries in the Mediterranean and the United Kingdom North Sea. ENOG is engaged in exploration and investments in novel solutions for production and development of energy with a low carbon footprint. It has its prime focus centred on natural gas.
ENOG witnessed a massive jump in the total production from 35.2 kboed (kilo barrel of oil equivalent per day) in 9M FY22 to 118.5 kboed in 9M FY23. Notably, the cash cost of production for the reporting period dropped by 41% to USD 11.2/ boe, as compared to USD 18.9/ boe in the previous corresponding period.
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