The Anglo-Turkish operator now expects full-year output of between 85,000 and 90,000 barrels per day, down from an earlier range of 90,000 to 100,000 bpd, it said in a statement.
As a result, revenue guidance for the year has also been narrowed to between $350 million and $375 million, from between $350 million and $400 million, based on a projected Brent crude price of $50 a barrel in the fourth quarter.
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