Brief: BW Energy Posts Q2 2023 Trading, Financial Update

BW Energy

27/07/2023 06:47

July 27 (Reuters) - BW Energy Ltd  BWE.OL :
    * BW ENERGY: Q2 2023 TRADING AND FINANCIAL UPDATE
    * HAD A CASH BALANCE OF USD 233 MILLION ON 30 JUNE 2023,
COMPARED
TO USD 166 MILLION ON 31 MARCH 2023
    * Q2 SHARE OF GROSS PRODUCTION WAS APPROXIMATELY 1.0 MILLION
BARRELS OF OIL, MORE THAN DOUBLE OF PRIOR QUARTER
    * Q2 GROSS PRODUCTION FROM TORTUE FIELD AVERAGED
APPROXIMATELY
15,200 BARRELS OF OIL PER DAY
    * Q2 PRODUCTION COSTS (EXCLUDING ROYALTIES) WAS ABOUT USD 35
PER
BARREL
    * Q2 NET SOLD VOLUME WAS ABOUT 1.0 MILLION BARRELS

Source text for Eikon:  ID:nGNE1kSZV7 
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