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This move is set to trigger a global investment plan worth nearly $900 million, including work-over campaigns, developmentdrilling, and the rollout of cutting-edge infrastructure, the company added. Perenco said it is supporting the country’s ambition to hit production of 500,000 barrels of oil equivalent per day by 2030.
Forward-looking information is based on information available at the time and/or the Company managements good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Companys control.
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