LNG Energy withdraws production, capital guidance issued March 4
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2024
0mins
Should l Buy ?
Production Restrictions: Lewis Energy Colombia is facing unexpected production restrictions in the Bullerengue natural gas field, leading to a temporary reduction of 5.0 MMbtu/d in gas deliveries under certain sales agreements for four months without significant price changes.
Regulatory Notification: The company plans to issue a notice of force majeure to its gas off-takers due to these delivery limitations and has informed its senior lenders about the situation while continuing to receive proceeds from natural gas sales.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
