leadf
logo-loader
AIM:LBE FRA:8YG

Longboat Energy PLC

Receive alerts
Market:
AIM
Market Cap:
£42.78 m
Price
75.50 GBX
Change
-0.66%
52 weeks high
107.75
52 weeks low
64.81

In brief

Longboat Energy  has been established with the aim of building a significant North Sea-focused E&P business.

The company is focussed on growth through value accretive M&A transactions and creating significant value with the drill-bit, both through infill drilling in existing fields and through near field exploration drilling.

Longboat has been established by the ex-Management Team of Faroe Petroleum and will apply a similar business model, aiming to replicate Faroe’s outstanding operational track record and deliver significant production and reserves growth.