June 29, 2020 / 6:18 AM / 13 days ago

BRIEF-Energean Cuts 2020 Capex Outlook

June 29 (Reuters) - Energean PLC:

* ENERGEAN PLC - REVISED COMBINED GROUP GUIDANCE

* ENERGEAN PLC - ENTERED INTO FURTHER AMENDED TERMS FOR ITS ACQUISITION OF EDISON E&P

* ENERGEAN PLC - NORWEGIAN SUBSIDIARY WILL BE FORMALLY EXCLUDED FROM TRANSACTION PERIMETER

* ENERGEAN PLC - COMBINED WITH PREVIOUSLY ANNOUNCED EXCLUSION OF ALGERIAN ASSET, $466 MILLION OF TOTAL REDUCTIONS TO ORIGINAL CONSIDERATION AGREED

* ENERGEAN PLC - 2020 PRO FORMA CAPITAL EXPENDITURE GUIDANCE HAS BEEN FURTHER REDUCED TO $760 - 780 MILLION FROM $840 MILLION Source text for Eikon: Further company coverage:

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