Newmed Energy Ltd (DKDRF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, thank you for joining us today for the NewMade Energy Financial Result for 2025 webinar. All participants are in listen-only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I am pleased to introduce Yossi Abou, CEO at NewMade Energy. Yossi, you may begin. Good afternoon everybody and thank you for joining us this afternoon for the result of 2025. We basically will start. So, as you can see, we finished the whole quarter of 2025 with a little bit short of 1.1 BCF a day, 2.8 BCM of gas sales into the market and the average sales of 2025 was a little bit higher than 106 BCF a day, 10.9 BCM a year. We will update on those results vis-à-vis the previous years and where we are heading. On top of that, as you know, because of the war situation in the region, we are currently closed. We are working together with the government, very closely with them, and without getting into details, I assume that we'll be able to come back to operation soon. On top of that, we just finished the Evening of the World, the third gathering line of Leviathan. We successfully completed the project and when we'll be able to produce will be at around 1.4-1.45 PCF a day, so going up to 14-15 BCMAU capability of cells. We finished this project on time and basically with a reduced budget we managed to finish the project with $480 vis-a-vis $570 of the budget, so $90 million of budget saving in this project. As you know, we take investment decision on the second phase of Leviathan, we'll touch that in details later on. And one of the big, I would say, stories of the report is basically first time we are basically announcing that we are in negotiation with the Egyptians for two things. One, it's a post-gove...