BW Energy: Q4 2024 operational update

Q4 2024 operational update  BW Energy will publish financial figures for Q4 2024 on Friday, 31 January 2025. The full audited annual report will be published on 26 February 2025.  Net production to BW Energy was 3.1 million barrels of oil (bbls) in Q4 2024, equal to 33,600 bbls per day, from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho field (100% working interest) in Brazil. For the full year, net production to BW Energy amounted to 10.0 mmbbls, in line with...

Hamilton, 17/01/2025 (informazione.news - comunicati stampa - economia)

Q4 2024 operational update  

BW Energy will publish financial figures for Q4 2024 on Friday, 31 January 2025. The full audited annual report will be published on 26 February 2025.  

Net production to BW Energy was 3.1 million barrels of oil (bbls) in Q4 2024, equal to 33,600 bbls per day, from the Dussafu licence in Gabon (73.5% working interest) and the Golfinho field (100% working interest) in Brazil. For the full year, net production to BW Energy amounted to 10.0 mmbbls, in line with guidance.    

  *Includes State Profit Oil and DMO deliveries

DUSSAFU  

GOLFINHO  

HEDGING, LIQUIDITY AND DEBT  

   

For further information, please contact:  

Brice Morlot, CFO BW Energy, +33.7.81.11.41.16 

ir@bwenergy.no 

   

About BW Energy:  

BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company's assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 580 million barrels of oil equivalent at the start of 2024. 

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.