Brief: Genel Energy Posts Net Production Of 12,410 BOPD In 2023

Genel Energy

24/01/2024 07:24

Jan 24 (Reuters) - Genel Energy PLC  GENL.L :
    * GENEL ENERGY- SHOULD LOCAL SALES CONTINUE AT SIMILAR
LEVELS TO
Q4 2023, TAWKE PSC TO GENERATE ENOUGH FUNDING TO COVER
ORGANISATIONAL SPEND Q2 ONWARDS
    * GENEL ENERGY PLC - OUTLOOK IS EXPECTED TO MAINTAIN NET
CASH
ABOVE $100 MILLION THROUGHOUT 2024, AND PRESERVES FINANCIAL
CAPABILITY TO ADD NEW ASSETS
    * GENEL ENERGY PLC - NET PRODUCTION OF 12,410 BOPD IN 2023
    * GENEL ENERGY PLC - OUR WORKFORCE HAS BEEN REDUCED BY OVER
TWO
THIRDS IN YEAR

Source text for Eikon:  ID:nEQ5PGxpBa 
Further company coverage:  GENL.L 

 ((Reuters.Briefs@thomsonreuters.com;))