Company
Afentra plc
LON:AET
Afentra plc (AIM: AET) is an upstream oil and gas company focused on opportunities in Africa. The Company's purpose is to support a responsible energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments. Offshore, Angola Afentra has a 30% non-operated interest in the producing Block 3/05 and a 21.33% non-operated interest in the adjacent development Block 3/05A in the Lower Congo Basin and a 40% non-operating interest in the exploration Block 23 in the Kwanza Basin. Onshore, Angola Afentra has a 45% non-operated interest in the prospective Block KON 19 and 45% non-operated interest in Block KON 15 located in the western part of the Onshore Kwanza Basin.
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Oil price, Coro, Afentra. And finally…
Given the nature of the EIA stats the resulting oil price move was monumentally uninspiring. The numbers themselves were pretty good, the 1.7m barrel draw in crude was good and accompanied by a 1m reduction at Cushing so a modest round of a