LNG Energy Group Reports Second Quarter 2024 Financial and Operating Results
LNGCheniere(LNG) GlobeNewswire News Room·2024-08-30 06:43

Key Highlights: 2nd Quarter operating netbacks of 5.08/Mcfnaturalgasand5.08/Mcf natural gas and 51.58/bbl condensate (29.74/boe).ConditionallyawardedtwoProductiveParticipationContractstodevelopandproducehydrocarbons in Venezuela.CreationofnewOilfieldServicesDivisiontocapitalizeonLNGEnergyGroup’suniqueverticalintegration.Repaymentof29.74/boe).Conditionally awarded two Productive Participation Contracts to develop and produce hydrocarbons in Venezuela.Creation of new Oilfield Services Division to capitalize on LNG Energy Group’s unique vertical integration.Repayment of 11.8 million in senior secured bank indebtedness to date. TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (F ...