Energean (GB:ENOG) has released an update.
Energean PLC has reported a robust start to 2024 with a 49% increase in production and significant revenue and EBITDAX growth. The company’s operations in Israel and Egypt are thriving, with new gas discoveries exceeding expectations and a commitment to dividend payments and sustainability. With several key projects set to advance, including the major Italian gas development Cassiopea coming onstream and further exploration in Morocco, Energean is poised for continued success in the energy sector.
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