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Energean lowers 2024 production outlook, Israel operations unaffected

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Gas producer Energean on Thursday lowered its full-year 2024 production forecast due to lower sales in Israel owing to bad weather conditions. The company expects 2024 production to be between 150,000 and 155,000 barrels of oil equivalent per day (boepd), compared with its prior forecast of 155,000-165,000 boepd. Third-quarter production averaged 135,000 boepd, it added, ...

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