Seacrest Petroleo Bermuda Limited provided production guidance for the full-year 2023, 2025 and 2027. Average 2023 oil production of 8,000 bopd to 8,200 bopd (previously 8,700 bopd to 8,900 bopd), an 8% reduction.

The Company maintains its long-term target of producing more than 21,000 bopd by the end of 2025 and more than 30,000 bopd by the end of 2027.