RE: Progress on many fronts…25 Feb 2026 11:55
We are making good progress on many fronts including infield development drilling; production growth, preparing and contracting for high-reward appraisal drilling; & potentially concluding a transaction that will begin to appraise, confirm & monetise Moroccan gas discoveries in 2026. At the same time, we must not neglect evaluating new prospectivity eg additional oil reservoirs encountered whilst drilling in Bonasse & emerging Cretaceous prospectivity.
We prioritise projects that can generate the highest near-term return for shareholders whilst maintaining flexibility to respond to new drilling results, simultaneously with managing the everyday corporate administrative function