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Genesis Energy Limited - Special Call Transcript
Good day, and welcome to the Genesis Energy Investor Call. Today's conference is being recorded. And at this time, I'd like to turn the conference over to Marc England, Chief Executive Officer. Please go ahead, sir.
Good morning, everyone. (foreign language) This is Marc England, the CEO; and I've got Chris Jewell, our CFO, next to me. We want to offer you the opportunity to ask questions about the announcement this morning that we put to the market about Kupe. You'll have seen that we've announced a strategic review in relation to the asset.
And for those of you that are less familiar with it, Kupe is an oil and gas asset that consists of a large production exploration permit off the coast of South Taranaki. It's got an onshore production station nearby Tauhara , and it's the third-largest producing asset in New Zealand, consisting of 3 producing wells. It produces natural gas, LPG and some condensate, which is currently exported. And it's had a strong production history with 3 significant reserve upgrades
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