Strong Production Performance
NRI production at 15,405 BOE per day, working interest production at 19,887 BOE per day, both at the high end or above guidance. NRI sales at 12,831 BOE per day, also at the high end of guidance.
Increased Full-Year Guidance
Raised the midpoint of full-year production and sales guidance by about 5% while reducing capital guidance by almost 20%.
Adjusted EBITDAX Generation
Generated adjusted EBITDAX of $130.5 million in the first 9 months of 2025.
Cost Efficiency in Egypt
Drilled more wells faster and cheaper than budgeted, positively impacting production without increasing capital.
Dividend Yield
Returned around $20 million to shareholders through dividends in the first 9 months of 2025, with a Q4 dividend announcement of $0.0025 per share, providing a yield of about 7%.