Brief: Bw Energy Expects To Recognise A Net Loss Of USD 3.3 Mln In Q1

BW Energy

30/04/2024 07:12

April 30 (Reuters) - BW Energy Ltd  BWE.OL :
    * NET PRODUCTION TO BW ENERGY FROM OPERATED ASSETS WAS 2.48
MILLION BARRELS OF OIL IN Q1 OF 2024
    * PRODUCTION COSTS (EXCLUDING ROYALTIES) FOR PERIOD WAS
APPROXIMATELY USD 23 PER BARREL
    * EXPECTS TO RECOGNISE A NET LOSS OF USD 3.3 MILLION IN Q1
RELATED
TO HEDGING PROGRAM, OF WHICH USD 3.8 MILLION IS UNREALISED

Source text for Eikon:  ID:nGNE2Sd7rt 
Further company coverage:  BWE.OL 

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