Star Energy Group plc has released its unaudited interim results for the six months ending June 30, 2023. The company reported a strong operating performance, with average net production of 2,071 barrels of oil equivalent per day (boepd), compared to 1,865 boepd in the same period last year. The company is focused on maximizing returns from its conventional oil and gas business, given its free cash generation and improving commodity prices. Star Energy is also looking to transition into the geothermal market, with a recent acquisition in Croatia providing an opportunity for geothermal electricity generation. The Croatian government is supportive, and the electricity market offers an attractive market premium for a 12-year period. Star Energy is building a pipeline of business opportunities in the UK, including winning tenders for two NHS Trusts in Manchester and Salisbury. The company's financial results for the period include revenues of £23.8 million, adjusted EBITDA of £9.4 million, and operating cash flow of £8.5 million. Net debt stood at £4.0 million, and cash and cash equivalents were £1.5 million. The company's net production for the full year remains on track, with underlying cash operating costs per barrel of oil equivalent anticipated to be around $39.5. Star Energy has received planning permission for the Glentworth oil project and is nearing completion of the Corringham site construction. The company has also been awarded two geothermal projects for NHS hospital trusts and has published two government-sponsored reports endorsing the potential of geothermal as a renewable energy source.