Energean reports new gas discoveries, robust Q1 financial results

The London-based independent exploration and production company Energean, which specialises in developing resources across the Mediterranean, on Thursday announced the discovery of new gas findings, in the context of disclosing its first-quarter financial results.

Energean, known for its substantial multi-country portfolio that exceeds 1 billion barrels of oil equivalent, is predominantly gas-focused, with approximately 80 per cent of its resources comprised of gas.

The company’s production has reached impressive levels...