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Operational Update
London,
24 May 2021 - Energean plc (LSE: ENOG, TASE: אנאג) is pleased to provide an update on recent operations and the Group s trading performance in the 3-months to
31 March 2021.
30 April 2021 was 44.2 kboepd (72% gas)
o 15% ahead of the mid-point of full year guidance
o Guidance increased to 38 - 42 kboepd (from 36 - 41 kboepd)
· First production from Karish now expected in mid-2022 following the re-introduction of enhanced COVID-19-related restrictions in
Singapore
o Core focus on optimising the revised timetable with approximately 30 improvements being considered for implementation and not reflected in the schedule
· Final Investment Decision ( FID ) taken on two growth projects, offshore
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