Energean PLC (LSE:ENOG)
£ 10.4 -0.33 (-3.08%) Market Cap: 1.91 Bil Enterprise Value: 3.82 Bil PE Ratio: 12.64 PB Ratio: 3.52 GF Score: 74/100
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Full Year 2020 Energean PLC Corporate Sales Call Transcript

Jan 21, 2021 / 08:00AM GMT
Release Date Price: £8.77 (-4.88%)
Matthaios Rigas
Energean plc - CEO & Director

Good morning and happy new year to everyone. Great to be back speaking to you about the latest developments of Energean.

I would like to start flipping to Page 3 of the presentation that we have uploaded, giving you a snapshot of what Energean looks like today. And I think this is extremely important because we have been transitioning throughout last year to reach today 9 countries of operation, more than 1 billion barrels of oil equivalent in terms of 2P and 2C reserving resources. 200,000 barrels of oil is our new medium-term production target, a production target that is more than 70% gas weighted, and this is what characterizes us, gas focused in the Mediterranean with a material production and resource base.

A couple of comments on our targets on ESG, which I think are extremely important and have been consistently a top priority. We were the first to commit to net zero, the first E&P to commit to net zero, and we are taking actions to achieve our goals. And this has been rewarded by the market and by the rating agencies with a

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