StockMarketWire.com - Energean Oil and Gas said it was on track to meet its production guidance and deliver first gas from the Karish development located in Isreal in early 2021.

The company also said it was on track to complete the Edison E&P acquisition by around the end of the year, followed by the onward sale of Edison E&P's UK and Norwegian subsidiaries to Neptune Energy soon after.

The Karish North appraisal confirmed best estimate recoverable resource volumes of 0.9 Tcf plus 34m barrel of light oil, Energean said.

Full-year production guidance was maintained in a range of 3,400 to 3,600 barrels of oil equivalent.


At 8:28am: [LON:ENOG] Energean Oil Gas Plc share price was -1.5p at 879.5p



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