Brief: Seacrest Petroleo Q4 EBITDA At $12.0 Mln

Seacrest Petroleo Bermuda

27/02/2024 06:13

Feb 27 (Reuters) - Seacrest Petroleo Bermuda Ltd
 SEAPT.OL :
    * Q4 REVENUES OF USD 64.7 MILLION, A 28% INCREASE FROM Q3
    * Q4 EBITDA OF USD 12.0 MILLION, RISING FOR THREE QUARTERS
IN A
ROW
    * Q4 AVERAGE REALISED OIL PRICE USD 84.7/BBL, UP 7.1%
SEQUENTIALLY
    * 2024 GUIDANCE: OIL PRODUCTION 8 500 - 11 000 BOPD WITH
EXIT RATE
FROM 11 000 TO 15 000 BOPD
    * 2024 GUIDANCE: TOTAL PRODUCTION, INCLUDING GAS, 9 500 - 12
500
BOEPD WITH EXIT RATE FROM 12 000 TO 17 000 BOEPD
    * 2024 GUIDANCE: CAPEX USD 70 - 100 MILLION
    * 2024 GUIDANCE: PRODUCTION COST PER BOE USD 20 - 24

Source text for Eikon:  ID:nMFN8kjZVk 
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