Wintershall Dea aleading independent gas and Oil Company has reported its fourth quarter and fiscal year 2020 results.
FULL-YEAR 2020 SUMMARY:
“2020 was undoubtedly a difficult year for everybody and I’m proud of the way that Wintershall Dea responded to the challenge. We took early and decisive actions at the beginning of the pandemic to keep our colleagues safe and to ensure continuity of operations which have allowed the company to end an extremely challenging year in a strong position.
We delivered our key targets for the year, including annual production of 623 mboe/d and exited the year with strong operational momentum and record production of more than 650 mboe/d in the 4th quarter. Recognising that our industry needs to change – and that we want to be leading that change – in November we announced our energy transition pathway and targets.
Looking ahead, 2021 will certainly be a year with continued high levels of uncertainty as well as volatility, and while we remain cautious, we look forward to an exciting year,” Mario Mehren, Wintershall Dea Chairman & CEO, said.
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