Q3 2023 BW Energy Ltd Earnings Call Transcript
Welcome to the BW Energy's Q3 presentation for 2023. (Operator Instructions) This call is being recorded. I'll now turn the call over to the speakers. Please begin.
Thank you. This presentation will be as usual hosted by Knut Sæthre, our CFO; Lynn Espey, our Chief Operating Officer; and myself, Carl Arnet. Then on to our disclaimer. Please note it. And then we go on to the highlights of the third quarter.
Q3 gave us a gross production from Gabon and Brazil of 27,400 barrels per day. We had four producing Hibiscus wells at the end of the quarter. And we, in the quarter, assumed 100% ownership and operatorship of Golfinho that was from late August. We also made a subsequent discovery of oil in the Hibiscus South, which we will cover in more detail later in the presentation.
Q3 gave us a EBITDA of $49.7 million with a net profit of $0.5 dollars. We did one lifting in the quarter of 950,000 barrels with a lifting price of $79 per barrel. The Golfinho prepayment facility was completed undrawn in the quarter as
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