Selan Exploration Technology Limited — Important, 29-10-2024: General Updates

Selan Exploration Technology Limited reported a strong Q2 FY 2024-25 with a 14% quarter-over-quarter increase in sales volumes to approximately 1,250 boepd and an 8% rise in revenues despite lower commodity prices. Key updates include upgrades to the water treatment plant, ongoing field development plans, and progressing approvals for new drilling initiatives. The company maintains steady EBITDA margins and confident volume guidance for FY 2025, bolstered by performance from its core assets, particularly Bakrol and Karjisan.