REG - S.N.G.N. Romgaz S.A. - H3 2023 Preliminary Key Operational Results

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

25/10/2023 16:15

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RNS Number : 3016R  S.N.G.N. Romgaz S.A.  25 October 2023

Report on 9 Months 2023 Preliminary Key Operational Results

 

Report date: October 25, 2023

Company name: S.N.G.N. ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BVB), London Stock Exchange (LSE)

 

This report provides preliminary information on important operational
indicators of Romgaz Group for the first 9 months of 2023. The information on
this report may undergo changes and may differ from those that will be
published in the first 9 months 2023 report. The first 9 months 2023
consolidated financial results will be published on November 15, 2023.

 

Operational results

 Q3 2022  Q2 2023  Q3 2023P  ΔQ3 2023P* (%)   Main Indicators                                    9M 2022  9M 2023P  Δ9M 2023P (%)
 7.58     7.41     7.32      -3.43            Total hydrocarbon production (mln boe), of which:  23.83    22.73     -4.63
 7.54     7.37     7.28      -3.47            Gross gas production (mln boe)                     23.70    22.60     -4.68
 1,172.4  1,146.6  1,131.7   -3.47            Gross gas production (mln cm)                      3,687.4  3,515.0   -4.68
 0.042    0.044    0.046     10.22            Condensate production (mln boe)                    0.129    0.136     5.40
 5,030    5,322    5,544     10.22            Condensate production (tons)                       15,638   16,483    5.40
 1,040.9  1,048.0  1,032.0   -0.86            Gas sold from domestic production (mln cm)**       3,522.7  3,381.7   -4.00
 294.8    174.5    143.9     -51.19           Electricity production (GWh)                       839.5    641.5     -23.59
 12.3     42.5     2.3       -81.30           Invoiced UGS withdrawal services (mln cm)          1,102.3  1,159.6   5.20
 1,185.9  814.3    840.7     -29.11           Invoiced UGS injection services (mln cm)           1,966.9  1,700.4   -13.55

        P - preliminary                      1 tone
= 8.276 boe

     *  Q3 2023P vs Q3 2022                  1 bcm =
6.428571 mln boe

     ** including gas purchased from domestic production

 

Chief Executive Officer,

Razvan POPESCU

 

 

 

******************

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report includes forward-looking statements, which include, without
limitation, any statements preceded by, followed by or that include the words
"may", "will", "would", "should", "expect", "intend", "estimate", "forecast",
"anticipate", "project", "believe", "seek", "plan", "predict", "continue",
"commit", "undertaking" and similar expressions or their negatives. Such
forward-looking statements involve known and unknown risks, uncertainties and
other important factors beyond the Group's control that could cause its actual
results, performance or achievements to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding
the Group's present and future business strategies and the environment in
which the Group will operate in the future and should not be taken as
promises.

Reviewing forward-looking statements should carefully consider the foregoing
remarks and other uncertainties and events, especially in light of the
political, economic, social and legal environment in which the Group operates.
Forward-looking statements contained in this report are valid only as at the
date of this report. The Group expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Group's expectations
with regard thereto or any change in events, conditions or circumstances on
which any of such statements are based unless required to do so by any
applicable regulatory regime.

 

 

 

 

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