Energean PLC (LSE:ENOG)
£ 9.52 -0.205 (-2.11%) Market Cap: 1.75 Bil Enterprise Value: 4.08 Bil PE Ratio: 10.68 PB Ratio: 3.40 GF Score: 70/100

Half Year 2020 Energean PLC Earnings Call Transcript

Sep 10, 2020 / 07:00AM GMT
Release Date Price: £5.33 (-3.11%)
Matthaios Rigas
Energean plc - CEO & Director

Good morning, everyone, and thank you for joining our results call today. In a very challenging time with COVID keeping us away, we're very happy to be giving you an update on our financial results and operational matters that are all going according to plan, in general. I will start with the key messages of today's results. And for those of you that have the presentation, I'm on Slide 5.

The key messages of today that I would like to leave you with is that our main flagship project, Karish, is on schedule to deliver first gas in the second half of 2021, as we have previously guided. Work in Singapore is progressing very well. So we are on track for the big milestone of first gas next year.

On the second front, which is the Edison E&P acquisition. Again, we are on track to close in the fourth quarter of 2020. We will be covering it in more detail later. All items now are under control, and we are working with various governments to finalize all required that's -- to get to closing.

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