BW Energy Ltd. (DE:6BW) has released an update.
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BW Energy Ltd. has presented at the Pareto Securities’ Energy Conference, highlighting its current gross production of approximately 35,000 barrels per day at the Dussafu field. The company emphasizes its low-risk phased development strategy in offshore oil and gas reservoirs, utilizing existing production facilities to expedite first oil and cash flow. BW Energy boasts a robust portfolio with significant interests in various offshore fields and blocks, as well as a 6.6% share in Reconnaissance Energy Africa Ltd.
For further insights into DE:6BW stock, check out TipRanks’ Stock Analysis page.