With a diverse portfolio focused across a number of stable geopolitical areas AWE, has 2P reserves of 81.5mmboe representing over 16 years of production potential. The company has the potential to double these in the short to medium term. AWE remains on track to meet its end-of-year guidance of 4.6-5.1mmboe production. An experienced and prudent management team at the helm and a diverse asset base should give investors confidence that AWE could outperform the sector once sentiment improves.
