Energean PLC has provided a trading statement and operational update for the nine months ending September 30, 2023. The company reported a successful ramp-up of production from its Karish gas field in Israel, resulting in Group production exceeding 150 kboed in recent days. Energean generated revenues of over $1 billion and adjusted EBITDAX of $623 million during the nine-month period, reflecting its low-cost, high-margin business model. The company also reduced its Group leverage ratio to 3.5x and continued its dividend payments. Energean highlighted its progress on growth projects, including the drilling of the Orion 1x well in Egypt and the Prinos carbon storage project in Greece. The company is on track to achieve its near-term targets of 200 kboed, $2.5 billion revenues, $1.75 billion adjusted EBITDAX, and a leverage ratio of approximately 1.5x. Energean declared a Q3 2023 dividend of 30 US cents per share, in line with its dividend policy. The company also reported a 12% reduction in scope 1 and 2 emissions intensity compared to H1 2023.